Tesla (bStocks Tokenized Stock) vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 6.2× the size of Tesla (bStocks Tokenized Stock) (TSLAB) by market capitalisation. Over the past 90 days, TSLAB is ahead by 2.1 percentage points (TSLAB +23.3% against CRCLB +21.2%). Their daily returns move loosely together (correlation 0.35 across 146 shared trading days). CRCLB has been the more volatile of the two, at 82% annualised against TSLAB's 45%.

Correlation: 0.35
Size ratio: 1 : 6.2
Ahead over 90 days: TSLAB

Tesla (bStocks Tokenized Stock)TSLAB

$378.1700

24h: -5.96%
Market cap: $25.85M
Volume 24h: $14.78M
Volatility (ann.): 45%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$73.8100

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

TSLAB 13.9%Share of the two combined market caps86.1% CRCLB

Performance

TSLABCRCLB

7 days-2.98%-7.34%TSLAB
30 days+6.37%-10.38%TSLAB
90 days+23.31%+21.21%TSLAB

Correlation

0.35over 146 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1590d: 0.431y: 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	TSLAB	CRCLB
Max drawdown (400d)	-29.9%	-31.5%
Risk-adjusted return (90d)	0.58	0.25

Relative strength over 90 days: TSLAB outperformed CRCLB by 1.7% — measured on the TSLAB/CRCLB ratio, so it holds regardless of market direction.

Tesla (bStocks Tokenized Stock) →Circle Internet Group (bStocks Tokenized Stock) →