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

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 19250.4× the size of Amgen (Ondo Tokenized Stock) (AMGNON) by market capitalisation. Over the past 90 days, CRCLB is ahead by 3.8 percentage points (AMGNON +15.4% against CRCLB +19.2%). Their daily returns move barely together (correlation 0.12 across 110 shared trading days). CRCLB has been the more volatile of the two, at 82% annualised against AMGNON's 28%.

Correlation: 0.12
Size ratio: 1 : 19250.4
Ahead over 90 days: CRCLB

Amgen (Ondo Tokenized Stock)AMGNON

$486.3100

24h: +6.15%
Market cap: $8,245
Volume 24h: $157,421
Volatility (ann.): 28%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$73.9900

24h: +1.36%
Market cap: $158.71M
Volume 24h: $34.71M
Volatility (ann.): 82%

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

Performance

AMGNONCRCLB

7 days+5.78%-5.56%AMGNON
30 days-3.86%-9.22%AMGNON
90 days+15.42%+19.24%CRCLB

Correlation

0.12over 110 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2490d: 0.161y: 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	AMGNON	CRCLB
Max drawdown (400d)	-15.3%	-31.5%
Risk-adjusted return (90d)	0.48	0.23

Relative strength over 90 days: CRCLB outperformed AMGNON by 14.6% — measured on the AMGNON/CRCLB ratio, so it holds regardless of market direction.

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