Vida Global xStock vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 788.2× the size of Vida Global xStock (VIDAX) by market capitalisation. Their daily returns move barely together (correlation 0.26 across 31 shared trading days). VIDAX has been the more volatile of the two, at 127% annualised against CRCLB's 82%.

Correlation: 0.26
Size ratio: 1 : 788.2

Vida Global xStockVIDAX

$0.871316

24h: -4.43%
Market cap: $204,025
Volume 24h: $5,035
Volatility (ann.): 127%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$75.0400

24h: +0.69%
Market cap: $160.82M
Volume 24h: $42.23M
Volatility (ann.): 82%

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

Performance

VIDAXCRCLB

7 days-2.34%-5.56%VIDAX
30 days-31.84%-9.22%CRCLB
90 days—+19.24%—

Correlation

0.26over 31 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2690d: 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	VIDAX	CRCLB
Max drawdown (400d)	-35.9%	-31.5%
Risk-adjusted return (90d)	-0.25	0.23

Relative strength over 90 days: CRCLB outperformed VIDAX by 27.2% — measured on the VIDAX/CRCLB ratio, so it holds regardless of market direction.

Vida Global xStock →Circle Internet Group (bStocks Tokenized Stock) →