Lam Research (Ondo Tokenized) vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 443.9× the size of Lam Research (Ondo Tokenized) (LRCXON) by market capitalisation. Over the past 90 days, CRCLB is ahead by 47.2 percentage points (LRCXON -27.9% against CRCLB +19.2%). Their daily returns move barely together (correlation 0.12 across 110 shared trading days). CRCLB has been the more volatile of the two, at 82% annualised against LRCXON's 66%.

Correlation: 0.12
Size ratio: 1 : 443.9
Ahead over 90 days: CRCLB

Lam Research (Ondo Tokenized)LRCXON

$216.4100

24h: -3.10%
Market cap: $360,954
Volume 24h: $575,087
Volatility (ann.): 66%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$75.2400

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

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

Performance

LRCXONCRCLB

7 days+2.17%-5.56%LRCXON
30 days+2.26%-9.22%LRCXON
90 days-27.93%+19.24%CRCLB

Correlation

0.12over 110 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1690d: 0.221y: 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	LRCXON	CRCLB
Max drawdown (400d)	-38.3%	-31.5%
Risk-adjusted return (90d)	-0.40	0.23

Relative strength over 90 days: CRCLB outperformed LRCXON by 46.7% — measured on the LRCXON/CRCLB ratio, so it holds regardless of market direction.

Lam Research (Ondo Tokenized) →Circle Internet Group (bStocks Tokenized Stock) →