Core Scientific (Ondo Tokenized) vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 1210.3× the size of Core Scientific (Ondo Tokenized) (CORZON) by market capitalisation. Over the past 90 days, CRCLB is ahead by 48.1 percentage points (CORZON -28.9% against CRCLB +19.2%). Their daily returns move loosely together (correlation 0.36 across 81 shared trading days). Both have run at a similar volatility, around 84% annualised.

Correlation: 0.36
Size ratio: 1 : 1210.3
Ahead over 90 days: CRCLB

Core Scientific (Ondo Tokenized)CORZON

$12.7300

24h: -6.90%
Market cap: $118,441
Volume 24h: $174,360
Volatility (ann.): 86%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$66.7400

24h: -12.45%
Market cap: $143.35M
Volume 24h: $40.23M
Volatility (ann.): 82%

CORZON 0.1%Share of the two combined market caps99.9% CRCLB

Performance

CORZONCRCLB

7 days-8.28%-5.56%CRCLB
30 days+1.27%-9.22%CORZON
90 days-28.87%+19.24%CRCLB

Correlation

0.36over 81 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3990d: 0.361y: 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	CORZON	CRCLB
Max drawdown (400d)	-32.1%	-31.5%
Risk-adjusted return (90d)	-0.33	0.23

Relative strength over 90 days: CRCLB outperformed CORZON by 44.7% — measured on the CORZON/CRCLB ratio, so it holds regardless of market direction.

Core Scientific (Ondo Tokenized) →Circle Internet Group (bStocks Tokenized Stock) →