Galaxy Digital (Ondo Tokenized) vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 552.3× the size of Galaxy Digital (Ondo Tokenized) (GLXYON) by market capitalisation. Their daily returns move loosely together (correlation 0.51 across 25 shared trading days). Both have run at a similar volatility, around 76% annualised.

Correlation: 0.51
Size ratio: 1 : 552.3

Galaxy Digital (Ondo Tokenized)GLXYON

$13.9700

24h: -12.92%
Market cap: $290,103
Volume 24h: $36,183
Volatility (ann.): 71%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$75.2400

24h: +0.56%
Market cap: $160.24M
Volume 24h: $41.83M
Volatility (ann.): 82%

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

Performance

GLXYONCRCLB

7 days-20.54%-5.56%CRCLB
30 days-39.85%-9.22%CRCLB
90 days—+19.24%—

Correlation

0.51over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.5190d: insufficient data1y: 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	GLXYON	CRCLB
Max drawdown (400d)	-42.6%	-31.5%
Risk-adjusted return (90d)	-0.56	0.23

Relative strength over 90 days: CRCLB outperformed GLXYON by 35.9% — measured on the GLXYON/CRCLB ratio, so it holds regardless of market direction.

Galaxy Digital (Ondo Tokenized) →Circle Internet Group (bStocks Tokenized Stock) →