Bank of America (Ondo Tokenized Stock) vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 6043.7× the size of Bank of America (Ondo Tokenized Stock) (BACON) by market capitalisation. Over the past 90 days, CRCLB is ahead by 2.1 percentage points (BACON -0.4% against CRCLB +1.7%). Their daily returns move barely in opposite directions (correlation -0.11 across 110 shared trading days). CRCLB has been the more volatile of the two, at 83% annualised against BACON's 22%.

Correlation: -0.11
Size ratio: 1 : 6043.7
Ahead over 90 days: CRCLB

Bank of America (Ondo Tokenized Stock)BACON

$50.4900

24h: -3.58%
Market cap: $24,848
Volume 24h: $146,863
Volatility (ann.): 22%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$68.3600

24h: -9.50%
Market cap: $150.17M
Volume 24h: $45.62M
Volatility (ann.): 83%

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

Performance

BACONCRCLB

7 days-1.59%-10.02%BACON
30 days-8.03%-18.89%BACON
90 days-0.43%+1.70%CRCLB

Correlation

-0.11over 110 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0590d: -0.091y: 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	BACON	CRCLB
Max drawdown (400d)	-16.8%	-35.4%
Risk-adjusted return (90d)	-0.02	0.02

Relative strength over 90 days: CRCLB outperformed BACON by 26.4% — measured on the BACON/CRCLB ratio, so it holds regardless of market direction.

Bank of America (Ondo Tokenized Stock) →Circle Internet Group (bStocks Tokenized Stock) →