SK Hynix Tokenized Stock (Reality) vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 188.6× the size of SK Hynix Tokenized Stock (Reality) (RSKHY) by market capitalisation. Their daily returns move barely together (correlation 0.31 across 25 shared trading days). CRCLB has been the more volatile of the two, at 82% annualised against RSKHY's 55%.

Correlation: 0.31
Size ratio: 1 : 188.6

SK Hynix Tokenized Stock (Reality)RSKHY

$144.7600

24h: -2.99%
Market cap: $852,888
Volume 24h: $281,216
Volatility (ann.): 55%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$75.8300

24h: +1.89%
Market cap: $160.82M
Volume 24h: $43.73M
Volatility (ann.): 82%

RSKHY 0.5%Share of the two combined market caps99.5% CRCLB

Performance

RSKHYCRCLB

7 days-12.70%-5.56%CRCLB
30 days-2.48%-9.22%RSKHY
90 days—+19.24%—

Correlation

0.31over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3190d: insufficient data1y: insufficient data

Measured on daily returns rather than on prices. Two assets that both simply trend upward score near 1.0 on raw prices whether or not they move together, so returns are what answer the question people mean by correlation.

Risk & extremes

Metric	RSKHY	CRCLB
Max drawdown (400d)	-12.8%	-31.5%
Risk-adjusted return (90d)	-0.05	0.23

Relative strength over 90 days: CRCLB outperformed RSKHY by 2.5% — measured on the RSKHY/CRCLB ratio, so it holds regardless of market direction.

SK Hynix Tokenized Stock (Reality) →Circle Internet Group (bStocks Tokenized Stock) →