Webull Corporation • Robinhood Token vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 1177.6× the size of Webull Corporation • Robinhood Token (BULL) by market capitalisation. Their daily returns move loosely together (correlation 0.49 across 39 shared trading days). BULL has been the more volatile of the two, at 101% annualised against CRCLB's 82%.

Correlation: 0.49
Size ratio: 1 : 1177.6

Webull Corporation • Robinhood TokenBULL

$5.4000

24h: +4.97%
Market cap: $136,068
Volume 24h: $8,547
Volatility (ann.): 101%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$75.2400

24h: +0.56%
Market cap: $160.24M
Volume 24h: $41.83M
Volatility (ann.): 82%

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

Performance

BULLCRCLB

7 days-4.72%-5.56%BULL
30 days-44.50%-9.22%CRCLB
90 days—+19.24%—

Correlation

0.49over 39 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4290d: 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	BULL	CRCLB
Max drawdown (400d)	-51.9%	-31.5%
Risk-adjusted return (90d)	-0.42	0.23

Relative strength over 90 days: CRCLB outperformed BULL by 32.4% — measured on the BULL/CRCLB ratio, so it holds regardless of market direction.

Webull Corporation • Robinhood Token →Circle Internet Group (bStocks Tokenized Stock) →