FuelCell Energy (Ondo Tokenized) vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 88778.9× the size of FuelCell Energy (Ondo Tokenized) (FCELON) by market capitalisation. Over the past 90 days, CRCLB is ahead by 47.4 percentage points (FCELON -28.2% against CRCLB +19.2%). Their daily returns move barely together (correlation 0.10 across 83 shared trading days). FCELON has been the more volatile of the two, at 129% annualised against CRCLB's 82%.

Correlation: 0.10
Size ratio: 1 : 88778.9
Ahead over 90 days: CRCLB

FuelCell Energy (Ondo Tokenized)FCELON

$11.1100

24h: +4.62%
Market cap: $1,825
Volume 24h: $155,631
Volatility (ann.): 129%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$76.0100

24h: +2.25%
Market cap: $162.04M
Volume 24h: $41.12M
Volatility (ann.): 82%

FCELON 0.0%Share of the two combined market caps100.0% CRCLB

Performance

FCELONCRCLB

7 days-8.58%-5.56%CRCLB
30 days-8.53%-9.22%FCELON
90 days-28.19%+19.24%CRCLB

Correlation

0.10over 83 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0590d: 0.101y: 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	FCELON	CRCLB
Max drawdown (400d)	-38.7%	-31.5%
Risk-adjusted return (90d)	-0.22	0.23

Relative strength over 90 days: CRCLB outperformed FCELON by 46.4% — measured on the FCELON/CRCLB ratio, so it holds regardless of market direction.

FuelCell Energy (Ondo Tokenized) →Circle Internet Group (bStocks Tokenized Stock) →