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

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 117.4× the size of Accenture (Ondo Tokenized Stock) (ACNON) by market capitalisation. Their daily returns move barely together (correlation 0.09 across 111 shared trading days). CRCLB has been the more volatile of the two, at 82% annualised against ACNON's 45%.

Correlation: 0.09
Size ratio: 1 : 117.4

Accenture (Ondo Tokenized Stock)ACNON

$262.4400

24h: -2.52%
Market cap: $1.42M
Volume 24h: $461,767
Volatility (ann.): 45%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$76.3600

24h: +1.34%
Market cap: $167.11M
Volume 24h: $43.07M
Volatility (ann.): 82%

ACNON 0.8%Share of the two combined market caps99.2% CRCLB

Performance

ACNONCRCLB

7 days-3.90%-7.34%ACNON
30 days-6.52%-10.38%ACNON
90 days+36.26%+21.21%ACNON
1 year-25.24%——

Correlation

0.09over 111 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3790d: 0.101y: 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	ACNON	CRCLB
Max drawdown (400d)	-56.5%	-31.5%
Risk-adjusted return (90d)	0.80	0.25

Relative strength over 90 days: ACNON outperformed CRCLB by 1.4% — measured on the ACNON/CRCLB ratio, so it holds regardless of market direction.

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