CEA Industries (bStocks Tokenized Stock) vs Circle Internet Group (Ondo Tokenized Stock)

Circle Internet Group (Ondo Tokenized Stock) (CRCLON) is 2.3× the size of CEA Industries (bStocks Tokenized Stock) (BNCB) by market capitalisation. Over the past 30 days, CRCLON is ahead by 1.4 percentage points (BNCB -17.3% against CRCLON -15.9%). Their daily returns move closely together (correlation 0.63 across 30 shared trading days). Both have run at a similar volatility, around 95% annualised.

Correlation: 0.63
Size ratio: 1 : 2.3
Ahead over 30 days: CRCLON

CEA Industries (bStocks Tokenized Stock)BNCB

$5.0200

24h: +2.12%
Market cap: $38.66M
Volume 24h: $22.08M
Volatility (ann.): 93%

Circle Internet Group (Ondo Tokenized Stock)CRCLON

$75.5400

24h: +1.93%
Market cap: $88.92M
Volume 24h: $1.64M
Volatility (ann.): 97%

BNCB 30.3%Share of the two combined market caps69.7% CRCLON

Performance

BNCBCRCLON

7 days-10.34%-5.63%CRCLON
30 days-17.27%-15.88%CRCLON

Correlation

0.63over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.6390d: 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	BNCB	CRCLON
Max drawdown (400d)	-33.3%	-30.7%
Risk-adjusted return (90d)	-0.04	0.06

Relative strength over 90 days: BNCB outperformed CRCLON by 22.6% — measured on the BNCB/CRCLON ratio, so it holds regardless of market direction.

CEA Industries (bStocks Tokenized Stock) →Circle Internet Group (Ondo Tokenized Stock) →