Credo Technology Group Holding (Ondo Tokenized) vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 632.0× the size of Credo Technology Group Holding (Ondo Tokenized) (CRDOON) by market capitalisation. Over the past 90 days, CRCLB is ahead by 41.9 percentage points (CRDOON -22.7% against CRCLB +19.2%). Their daily returns move barely together (correlation 0.31 across 83 shared trading days). CRDOON has been the more volatile of the two, at 103% annualised against CRCLB's 82%.

Correlation: 0.31
Size ratio: 1 : 632.0
Ahead over 90 days: CRCLB

Credo Technology Group Holding (Ondo Tokenized)CRDOON

$133.3100

24h: -9.14%
Market cap: $233,365
Volume 24h: $482,770
Volatility (ann.): 103%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$69.3500

24h: -9.75%
Market cap: $147.49M
Volume 24h: $34.87M
Volatility (ann.): 82%

CRDOON 0.2%Share of the two combined market caps99.8% CRCLB

Performance

CRDOONCRCLB

7 days+6.49%-5.56%CRDOON
30 days-13.12%-9.22%CRCLB
90 days-22.67%+19.24%CRCLB

Correlation

0.31over 83 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0990d: 0.311y: 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	CRDOON	CRCLB
Max drawdown (400d)	-46.9%	-31.5%
Risk-adjusted return (90d)	-0.22	0.23

Relative strength over 90 days: CRCLB outperformed CRDOON by 42.3% — measured on the CRDOON/CRCLB ratio, so it holds regardless of market direction.

Credo Technology Group Holding (Ondo Tokenized) →Circle Internet Group (bStocks Tokenized Stock) →