Intuitive Surgical (Ondo Tokenized Stock) vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 327.9× the size of Intuitive Surgical (Ondo Tokenized Stock) (ISRGON) by market capitalisation. Over the past 90 days, CRCLB is ahead by 18.3 percentage points (ISRGON +0.9% against CRCLB +19.2%). Their daily returns move barely together (correlation 0.23 across 110 shared trading days). CRCLB has been the more volatile of the two, at 82% annualised against ISRGON's 33%.

Correlation: 0.23
Size ratio: 1 : 327.9
Ahead over 90 days: CRCLB

Intuitive Surgical (Ondo Tokenized Stock)ISRGON

$479.4700

24h: +9.49%
Market cap: $488,703
Volume 24h: $161,850
Volatility (ann.): 33%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$75.2500

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

ISRGON 0.3%Share of the two combined market caps99.7% CRCLB

Performance

ISRGONCRCLB

7 days+0.86%-5.56%ISRGON
30 days+7.93%-9.22%ISRGON
90 days+0.92%+19.24%CRCLB

Correlation

0.23over 110 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3690d: 0.211y: 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	ISRGON	CRCLB
Max drawdown (400d)	-33.6%	-31.5%
Risk-adjusted return (90d)	0.02	0.23

Relative strength over 90 days: CRCLB outperformed ISRGON by 25.4% — measured on the ISRGON/CRCLB ratio, so it holds regardless of market direction.

Intuitive Surgical (Ondo Tokenized Stock) →Circle Internet Group (bStocks Tokenized Stock) →