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

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 1815.1× the size of Walmart Tokenized Stock (Reality) (RWMT) by market capitalisation. Their daily returns move barely together (correlation 0.03 across 26 shared trading days). CRCLB has been the more volatile of the two, at 82% annualised against RWMT's 24%.

Correlation: 0.03
Size ratio: 1 : 1815.1

Walmart Tokenized Stock (Reality)RWMT

$129.4600

24h: +3.95%
Market cap: $88,797
Volume 24h: $234
Volatility (ann.): 24%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$75.3800

24h: -0.94%
Market cap: $161.17M
Volume 24h: $40.39M
Volatility (ann.): 82%

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

Performance

RWMTCRCLB

7 days+7.53%-5.56%RWMT
30 days+4.56%-9.22%RWMT
90 days—+19.24%—

Correlation

0.03over 26 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0390d: 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	RWMT	CRCLB
Max drawdown (400d)	-6.0%	-31.5%
Risk-adjusted return (90d)	0.19	0.23

Relative strength over 90 days: RWMT outperformed CRCLB by 5.3% — measured on the RWMT/CRCLB ratio, so it holds regardless of market direction.

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