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

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 167.5× the size of Baidu (Ondo Tokenized Stock) (BIDUON) by market capitalisation. Over the past 90 days, CRCLB is ahead by 54.8 percentage points (BIDUON -33.6% against CRCLB +21.2%). Their daily returns move barely together (correlation 0.30 across 112 shared trading days). CRCLB has been the more volatile of the two, at 82% annualised against BIDUON's 49%.

Correlation: 0.30
Size ratio: 1 : 167.5
Ahead over 90 days: CRCLB

Baidu (Ondo Tokenized Stock)BIDUON

$76.8400

24h: -0.59%
Market cap: $953,267
Volume 24h: $824,837
Volatility (ann.): 49%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$73.8100

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

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

Performance

BIDUONCRCLB

7 days-16.65%-7.34%CRCLB
30 days-21.59%-10.38%CRCLB
90 days-33.57%+21.21%CRCLB

Correlation

0.30over 112 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.5890d: 0.351y: 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	BIDUON	CRCLB
Max drawdown (400d)	-50.4%	-31.5%
Risk-adjusted return (90d)	-0.71	0.25

Relative strength over 90 days: CRCLB outperformed BIDUON by 40.6% — measured on the BIDUON/CRCLB ratio, so it holds regardless of market direction.

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