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

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 147.5× the size of Disney (Ondo Tokenized Stock) (DISON) by market capitalisation. Over the past 90 days, CRCLB is ahead by 10.6 percentage points (DISON +10.7% against CRCLB +21.2%). Their daily returns move barely together (correlation 0.12 across 110 shared trading days). CRCLB has been the more volatile of the two, at 82% annualised against DISON's 26%.

Correlation: 0.12
Size ratio: 1 : 147.5
Ahead over 90 days: CRCLB

Disney (Ondo Tokenized Stock)DISON

$115.0600

24h: +1.27%
Market cap: $1.08M
Volume 24h: $181,799
Volatility (ann.): 26%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$73.8100

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

DISON 0.7%Share of the two combined market caps99.3% CRCLB

Performance

DISONCRCLB

7 days+3.07%-7.34%DISON
30 days-0.95%-10.38%DISON
90 days+10.66%+21.21%CRCLB

Correlation

0.12over 110 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0790d: 0.041y: 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	DISON	CRCLB
Max drawdown (400d)	-13.8%	-31.5%
Risk-adjusted return (90d)	0.40	0.25

Relative strength over 90 days: CRCLB outperformed DISON by 18.1% — measured on the DISON/CRCLB ratio, so it holds regardless of market direction.

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