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

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 39.0× the size of Broadcom (Ondo Tokenized Stock) (AVGOON) by market capitalisation. Their daily returns move barely together (correlation 0.19 across 111 shared trading days). CRCLB has been the more volatile of the two, at 82% annualised against AVGOON's 48%.

Correlation: 0.19
Size ratio: 1 : 39.0

Broadcom (Ondo Tokenized Stock)AVGOON

$326.8200

24h: -0.23%
Market cap: $4.25M
Volume 24h: $1.65M
Volatility (ann.): 48%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$75.9800

24h: +3.45%
Market cap: $166.03M
Volume 24h: $41.44M
Volatility (ann.): 82%

AVGOON 2.5%Share of the two combined market caps97.5% CRCLB

Performance

AVGOONCRCLB

7 days-4.59%-5.56%AVGOON
30 days-5.25%-9.22%AVGOON
90 days-5.40%+19.24%CRCLB
1 year+3.29%——

Correlation

0.19over 111 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0690d: 0.231y: 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	AVGOON	CRCLB
Max drawdown (400d)	-31.0%	-31.5%
Risk-adjusted return (90d)	-0.14	0.23

Relative strength over 90 days: CRCLB outperformed AVGOON by 29.6% — measured on the AVGOON/CRCLB ratio, so it holds regardless of market direction.

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