HIVE Digital Technologies (Ondo Tokenized) vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 37441.0× the size of HIVE Digital Technologies (Ondo Tokenized) (HIVEON) by market capitalisation. Their daily returns move closely together (correlation 0.76 across 25 shared trading days). HIVEON has been the more volatile of the two, at 97% annualised against CRCLB's 82%.

Correlation: 0.76
Size ratio: 1 : 37441.0

HIVE Digital Technologies (Ondo Tokenized)HIVEON

$1.8300

24h: +1.17%
Market cap: $4,323
Volume 24h: $9
Volatility (ann.): 97%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$76.0200

24h: +3.02%
Market cap: $161.87M
Volume 24h: $43.92M
Volatility (ann.): 82%

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

Performance

HIVEONCRCLB

7 days-12.29%-5.56%CRCLB
30 days-17.36%-9.22%CRCLB
90 days—+19.24%—

Correlation

0.76over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.7690d: 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	HIVEON	CRCLB
Max drawdown (400d)	-27.5%	-31.5%
Risk-adjusted return (90d)	-0.18	0.23

Relative strength over 90 days: CRCLB outperformed HIVEON by 9.9% — measured on the HIVEON/CRCLB ratio, so it holds regardless of market direction.

HIVE Digital Technologies (Ondo Tokenized) →Circle Internet Group (bStocks Tokenized Stock) →