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

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 18509.4× the size of GlobalFoundries (Ondo Tokenized) (GFSON) by market capitalisation. Their daily returns move barely together (correlation 0.25 across 68 shared trading days). CRCLB has been the more volatile of the two, at 82% annualised against GFSON's 62%.

Correlation: 0.25
Size ratio: 1 : 18509.4

GlobalFoundries (Ondo Tokenized)GFSON

$40.1000

24h: -6.65%
Market cap: $8,068
Volume 24h: $151,704
Volatility (ann.): 62%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$67.9600

24h: -11.11%
Market cap: $149.34M
Volume 24h: $40.83M
Volatility (ann.): 82%

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

Performance

GFSONCRCLB

7 days-1.44%-5.56%GFSON
30 days+7.06%-9.22%GFSON
90 days—+19.24%—

Correlation

0.25over 68 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1890d: 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	GFSON	CRCLB
Max drawdown (400d)	-26.8%	-31.5%
Risk-adjusted return (90d)	-0.28	0.23

Relative strength over 90 days: CRCLB outperformed GFSON by 39.7% — measured on the GFSON/CRCLB ratio, so it holds regardless of market direction.

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