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

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 3271.6× the size of Uber Tokenized Stock (Reality) (RUBER) by market capitalisation. Their daily returns move barely together (correlation 0.25 across 25 shared trading days). CRCLB has been the more volatile of the two, at 82% annualised against RUBER's 22%.

Correlation: 0.25
Size ratio: 1 : 3271.6

Uber Tokenized Stock (Reality)RUBER

$69.8700

24h: +5.95%
Market cap: $45,119
Volume 24h: $1,792
Volatility (ann.): 22%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$69.7200

24h: -5.90%
Market cap: $147.61M
Volume 24h: $34.76M
Volatility (ann.): 82%

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

Performance

RUBERCRCLB

7 days+4.76%-5.56%RUBER
30 days-0.04%-9.22%RUBER
90 days—+19.24%—

Correlation

0.25over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2590d: 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	RUBER	CRCLB
Max drawdown (400d)	-4.9%	-31.5%
Risk-adjusted return (90d)	0.00	0.23

Relative strength over 90 days: CRCLB outperformed RUBER by 1.3% — measured on the RUBER/CRCLB ratio, so it holds regardless of market direction.

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