AbbVie (Ondo Tokenized Stock) vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 10221.6× the size of AbbVie (Ondo Tokenized Stock) (ABBVON) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.09 across 26 shared trading days). CRCLB has been the more volatile of the two, at 83% annualised against ABBVON's 17%.

Correlation: -0.09
Size ratio: 1 : 10221.6

AbbVie (Ondo Tokenized Stock)ABBVON

$293.0200

24h: -3.29%
Market cap: $14,692
Volume 24h: $14
Volatility (ann.): 17%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$68.3000

24h: -9.50%
Market cap: $150.17M
Volume 24h: $45.62M
Volatility (ann.): 83%

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

Performance

ABBVONCRCLB

7 days+1.95%-10.02%ABBVON
30 days+8.39%-18.89%ABBVON
90 days—+1.70%—

Correlation

-0.09over 26 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0990d: 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	ABBVON	CRCLB
Max drawdown (400d)	-2.1%	-35.4%
Risk-adjusted return (90d)	0.48	0.02

Relative strength over 90 days: ABBVON outperformed CRCLB by 18.2% — measured on the ABBVON/CRCLB ratio, so it holds regardless of market direction.

AbbVie (Ondo Tokenized Stock) →Circle Internet Group (bStocks Tokenized Stock) →