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

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 147.9× the size of Boeing (Ondo Tokenized Stock) (BAON) by market capitalisation. Over the past 90 days, CRCLB is ahead by 29.5 percentage points (BAON -8.3% against CRCLB +21.2%). Their daily returns move barely together (correlation 0.06 across 110 shared trading days). CRCLB has been the more volatile of the two, at 82% annualised against BAON's 34%.

Correlation: 0.06
Size ratio: 1 : 147.9
Ahead over 90 days: CRCLB

Boeing (Ondo Tokenized Stock)BAON

$173.5100

24h: -1.09%
Market cap: $1.07M
Volume 24h: $508,815
Volatility (ann.): 34%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$73.7000

24h: +0.49%
Market cap: $158.63M
Volume 24h: $25.34M
Volatility (ann.): 82%

BAON 0.7%Share of the two combined market caps99.3% CRCLB

Performance

BAONCRCLB

7 days-1.96%-7.34%BAON
30 days-5.48%-10.38%BAON
90 days-8.34%+21.21%CRCLB

Correlation

0.06over 110 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1790d: 0.051y: 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	BAON	CRCLB
Max drawdown (400d)	-25.4%	-31.5%
Risk-adjusted return (90d)	-0.25	0.25

Relative strength over 90 days: CRCLB outperformed BAON by 32.2% — measured on the BAON/CRCLB ratio, so it holds regardless of market direction.

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