Virgin Galactic Tokenized Stock (Reality) vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 16291.3× the size of Virgin Galactic Tokenized Stock (Reality) (RSPCE) by market capitalisation. Their daily returns move loosely together (correlation 0.54 across 26 shared trading days). CRCLB has been the more volatile of the two, at 82% annualised against RSPCE's 59%.

Correlation: 0.54
Size ratio: 1 : 16291.3

Virgin Galactic Tokenized Stock (Reality)RSPCE

$2.5100

24h: -0.74%
Market cap: $9,167
Volume 24h: $46
Volatility (ann.): 59%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$67.9600

24h: -11.11%
Market cap: $149.34M
Volume 24h: $40.83M
Volatility (ann.): 82%

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

Performance

RSPCECRCLB

7 days-12.42%-5.56%CRCLB
30 days-11.55%-9.22%CRCLB
90 days—+19.24%—

Correlation

0.54over 26 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.5490d: 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	RSPCE	CRCLB
Max drawdown (400d)	-20.1%	-31.5%
Risk-adjusted return (90d)	-0.20	0.23

Relative strength over 90 days: CRCLB outperformed RSPCE by 11.0% — measured on the RSPCE/CRCLB ratio, so it holds regardless of market direction.

Virgin Galactic Tokenized Stock (Reality) →Circle Internet Group (bStocks Tokenized Stock) →