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

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 124.8× the size of Costco (Ondo Tokenized Stock) (COSTON) by market capitalisation. Over the past 90 days, CRCLB is ahead by 23.0 percentage points (COSTON -1.7% against CRCLB +21.2%). Their daily returns move barely in opposite directions (correlation -0.08 across 110 shared trading days). CRCLB has been the more volatile of the two, at 82% annualised against COSTON's 24%.

Correlation: -0.08
Size ratio: 1 : 124.8
Ahead over 90 days: CRCLB

Costco (Ondo Tokenized Stock)COSTON

$1,022.29

24h: -2.36%
Market cap: $1.28M
Volume 24h: $3.80M
Volatility (ann.): 24%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$74.2100

24h: +0.71%
Market cap: $159.66M
Volume 24h: $26.07M
Volatility (ann.): 82%

COSTON 0.8%Share of the two combined market caps99.2% CRCLB

Performance

COSTONCRCLB

7 days+3.27%-7.34%COSTON
30 days-1.69%-10.38%COSTON
90 days-1.74%+21.21%CRCLB

Correlation

-0.08over 110 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1390d: -0.111y: 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	COSTON	CRCLB
Max drawdown (400d)	-17.5%	-31.5%
Risk-adjusted return (90d)	-0.08	0.25

Relative strength over 90 days: CRCLB outperformed COSTON by 27.3% — measured on the COSTON/CRCLB ratio, so it holds regardless of market direction.

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