Bloom Energy (Ondo Tokenized) vs Circle Internet Group (Ondo Tokenized Stock)

Circle Internet Group (Ondo Tokenized Stock) (CRCLON) is 105.4× the size of Bloom Energy (Ondo Tokenized) (BEON) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.03 across 35 shared trading days). BEON has been the more volatile of the two, at 118% annualised against CRCLON's 98%.

Correlation: -0.03
Size ratio: 1 : 105.4

Bloom Energy (Ondo Tokenized)BEON

$209.0800

24h: +2.63%
Market cap: $823,820
Volume 24h: $568,880
Volatility (ann.): 118%

Circle Internet Group (Ondo Tokenized Stock)CRCLON

$73.7900

24h: +1.32%
Market cap: $86.85M
Volume 24h: $1.01M
Volatility (ann.): 98%

BEON 0.9%Share of the two combined market caps99.1% CRCLON

Performance

BEONCRCLON

7 days+1.15%-6.27%BEON
30 days+30.74%-16.67%BEON
90 days+10.31%——

Correlation

-0.03over 35 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0290d: 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	BEON	CRCLON
Max drawdown (400d)	-35.3%	-30.7%
Risk-adjusted return (90d)	0.09	0.06

Relative strength over 90 days: BEON outperformed CRCLON by 12.8% — measured on the BEON/CRCLON ratio, so it holds regardless of market direction.

Bloom Energy (Ondo Tokenized) →Circle Internet Group (Ondo Tokenized Stock) →