SpaceX Tokenized Stock (Reality) vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 9.7× the size of SpaceX Tokenized Stock (Reality) (RSPCX) by market capitalisation. Their daily returns move loosely together (correlation 0.43 across 41 shared trading days). CRCLB has been the more volatile of the two, at 82% annualised against RSPCX's 42%.

Correlation: 0.43
Size ratio: 1 : 9.7

SpaceX Tokenized Stock (Reality)RSPCX

$136.0200

24h: -0.98%
Market cap: $16.38M
Volume 24h: $881,249
Volatility (ann.): 42%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$73.8100

24h: +0.71%
Market cap: $159.66M
Volume 24h: $26.07M
Volatility (ann.): 82%

RSPCX 9.3%Share of the two combined market caps90.7% CRCLB

Performance

RSPCXCRCLB

7 days-5.71%-7.34%RSPCX
30 days-8.27%-10.38%RSPCX
90 days—+21.21%—

Correlation

0.43over 41 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2290d: 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	RSPCX	CRCLB
Max drawdown (400d)	-12.1%	-31.5%
Risk-adjusted return (90d)	0.02	0.25

Relative strength over 90 days: RSPCX outperformed CRCLB by 18.3% — measured on the RSPCX/CRCLB ratio, so it holds regardless of market direction.

SpaceX Tokenized Stock (Reality) →Circle Internet Group (bStocks Tokenized Stock) →