Vale SA Tokenized Stock (Reality) vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 13286.2× the size of Vale SA Tokenized Stock (Reality) (RVALE) by market capitalisation. Their daily returns move barely together (correlation 0.23 across 25 shared trading days). CRCLB has been the more volatile of the two, at 83% annualised against RVALE's 34%.

Correlation: 0.23
Size ratio: 1 : 13286.2

Vale SA Tokenized Stock (Reality)RVALE

$11.8900

24h: -0.82%
Market cap: $11,764
Volume 24h: $19,072
Volatility (ann.): 34%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$79.5600

24h: -1.08%
Market cap: $156.30M
Volume 24h: $18.34M
Volatility (ann.): 83%

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

Performance

RVALECRCLB

7 days-8.77%-6.07%CRCLB
30 days-11.99%-8.86%CRCLB
90 days—+30.90%—

Correlation

0.23over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2390d: 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	RVALE	CRCLB
Max drawdown (400d)	-15.6%	-28.0%
Risk-adjusted return (90d)	-0.35	0.37

Relative strength over 90 days: CRCLB outperformed RVALE by 7.0% — measured on the RVALE/CRCLB ratio, so it holds regardless of market direction.

Vale SA Tokenized Stock (Reality) →Circle Internet Group (bStocks Tokenized Stock) →