Walmart xStock vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 508.6× the size of Walmart xStock (WMTX) by market capitalisation. Their daily returns move loosely in opposite directions (correlation -0.36 across 33 shared trading days). CRCLB has been the more volatile of the two, at 82% annualised against WMTX's 62%.

Correlation: -0.36
Size ratio: 1 : 508.6

Walmart xStockWMTX

$131.7200

24h: +3.61%
Market cap: $290,230
Volume 24h: $1,385
Volatility (ann.): 62%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$68.8800

24h: -5.90%
Market cap: $147.61M
Volume 24h: $34.76M
Volatility (ann.): 82%

WMTX 0.2%Share of the two combined market caps99.8% CRCLB

Performance

WMTXCRCLB

7 days+18.86%-5.56%WMTX
30 days+14.53%-9.22%WMTX
90 days—+19.24%—

Correlation

-0.36over 33 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.4090d: 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	WMTX	CRCLB
Max drawdown (400d)	-6.2%	-31.5%
Risk-adjusted return (90d)	0.24	0.23

Relative strength over 90 days: WMTX outperformed CRCLB by 53.2% — measured on the WMTX/CRCLB ratio, so it holds regardless of market direction.

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