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

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 1191.0× the size of UPS • Robinhood Token (UPS) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.15 across 39 shared trading days). CRCLB has been the more volatile of the two, at 82% annualised against UPS's 52%.

Correlation: -0.15
Size ratio: 1 : 1191.0

UPS • Robinhood TokenUPS

$113.6000

24h: +4.24%
Market cap: $120,364
Volume 24h: $1,624
Volatility (ann.): 52%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$66.7400

24h: -12.45%
Market cap: $143.35M
Volume 24h: $40.23M
Volatility (ann.): 82%

UPS 0.1%Share of the two combined market caps99.9% CRCLB

Performance

UPSCRCLB

7 days+7.59%-5.56%UPS
30 days+14.62%-9.22%UPS
90 days—+19.24%—

Correlation

-0.15over 39 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.1690d: 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	UPS	CRCLB
Max drawdown (400d)	-13.4%	-31.5%
Risk-adjusted return (90d)	0.13	0.23

Relative strength over 90 days: UPS outperformed CRCLB by 25.3% — measured on the UPS/CRCLB ratio, so it holds regardless of market direction.

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