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

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 485.1× the size of IonQ (Ondo Tokenized) (IONQON) by market capitalisation. Over the past 90 days, CRCLB is ahead by 37.2 percentage points (IONQON -17.9% against CRCLB +19.2%). Their daily returns move loosely together (correlation 0.38 across 110 shared trading days). IONQON has been the more volatile of the two, at 103% annualised against CRCLB's 82%.

Correlation: 0.38
Size ratio: 1 : 485.1
Ahead over 90 days: CRCLB

IonQ (Ondo Tokenized)IONQON

$29.3500

24h: +1.62%
Market cap: $335,507
Volume 24h: $147,639
Volatility (ann.): 103%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$76.0300

24h: +5.18%
Market cap: $162.75M
Volume 24h: $43.00M
Volatility (ann.): 82%

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

Performance

IONQONCRCLB

7 days+6.80%-5.56%IONQON
30 days+10.80%-9.22%IONQON
90 days-17.92%+19.24%CRCLB

Correlation

0.38over 110 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3390d: 0.391y: 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	IONQON	CRCLB
Max drawdown (400d)	-54.5%	-31.5%
Risk-adjusted return (90d)	-0.22	0.23

Relative strength over 90 days: CRCLB outperformed IONQON by 39.3% — measured on the IONQON/CRCLB ratio, so it holds regardless of market direction.

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