Advanced Micro Devices (bStocks Tokenized Stock) vs Circle Internet Group (Ondo Tokenized Stock)

Circle Internet Group (Ondo Tokenized Stock) (CRCLON) is 25.0× the size of Advanced Micro Devices (bStocks Tokenized Stock) (AMDB) by market capitalisation. Their daily returns move barely together (correlation 0.28 across 56 shared trading days). CRCLON has been the more volatile of the two, at 98% annualised against AMDB's 71%.

Correlation: 0.28
Size ratio: 1 : 25.0

Advanced Micro Devices (bStocks Tokenized Stock)AMDB

$486.1000

24h: -0.32%
Market cap: $3.54M
Volume 24h: $612,268
Volatility (ann.): 71%

Circle Internet Group (Ondo Tokenized Stock)CRCLON

$75.2300

24h: -0.49%
Market cap: $88.59M
Volume 24h: $1.62M
Volatility (ann.): 98%

AMDB 3.8%Share of the two combined market caps96.2% CRCLON

Performance

AMDBCRCLON

7 days-8.56%-6.27%CRCLON
30 days-18.92%-16.67%CRCLON
90 days+7.11%——

Correlation

0.28over 56 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4490d: 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	AMDB	CRCLON
Max drawdown (400d)	-27.4%	-30.7%
Risk-adjusted return (90d)	0.12	0.06

Relative strength over 90 days: AMDB outperformed CRCLON by 1.9% — measured on the AMDB/CRCLON ratio, so it holds regardless of market direction.

Advanced Micro Devices (bStocks Tokenized Stock) →Circle Internet Group (Ondo Tokenized Stock) →