American Express (Ondo Tokenized Stock) vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 172.7× the size of American Express (Ondo Tokenized Stock) (AXPON) by market capitalisation. Over the past 90 days, CRCLB is ahead by 29.9 percentage points (AXPON -8.7% against CRCLB +21.2%). Their daily returns move barely together (correlation 0.07 across 110 shared trading days). CRCLB has been the more volatile of the two, at 82% annualised against AXPON's 25%.

Correlation: 0.07
Size ratio: 1 : 172.7
Ahead over 90 days: CRCLB

American Express (Ondo Tokenized Stock)AXPON

$328.4400

24h: -0.86%
Market cap: $924,403
Volume 24h: $140,655
Volatility (ann.): 25%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$74.2100

24h: +0.71%
Market cap: $159.66M
Volume 24h: $26.07M
Volatility (ann.): 82%

AXPON 0.6%Share of the two combined market caps99.4% CRCLB

Performance

AXPONCRCLB

7 days-1.61%-7.34%AXPON
30 days-7.20%-10.38%AXPON
90 days-8.70%+21.21%CRCLB

Correlation

0.07over 110 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2090d: 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	AXPON	CRCLB
Max drawdown (400d)	-15.9%	-31.5%
Risk-adjusted return (90d)	-0.33	0.25

Relative strength over 90 days: CRCLB outperformed AXPON by 32.5% — measured on the AXPON/CRCLB ratio, so it holds regardless of market direction.

American Express (Ondo Tokenized Stock) →Circle Internet Group (bStocks Tokenized Stock) →