SoFi Technologies • Robinhood Token vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 3474.7× the size of SoFi Technologies • Robinhood Token (SOFI) by market capitalisation. Their daily returns move barely together (correlation 0.20 across 35 shared trading days). CRCLB has been the more volatile of the two, at 83% annualised against SOFI's 66%.

Correlation: 0.20
Size ratio: 1 : 3474.7

SoFi Technologies • Robinhood TokenSOFI

$15.7600

24h: —
Market cap: $42,512
Volume 24h: $1,887
Volatility (ann.): 66%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$67.1500

24h: -3.04%
Market cap: $147.71M
Volume 24h: $29.46M
Volatility (ann.): 83%

SOFI 0.0%Share of the two combined market caps100.0% CRCLB

Performance

SOFICRCLB

7 days-5.63%-10.02%SOFI
30 days-1.90%-18.89%SOFI
90 days—+1.70%—

Correlation

0.20over 35 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2190d: 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	SOFI	CRCLB
Max drawdown (400d)	-12.6%	-35.4%
Risk-adjusted return (90d)	0.03	0.02

Relative strength over 90 days: SOFI outperformed CRCLB by 24.8% — measured on the SOFI/CRCLB ratio, so it holds regardless of market direction.

SoFi Technologies • Robinhood Token →Circle Internet Group (bStocks Tokenized Stock) →