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

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 35.2× the size of Lockheed (Ondo Tokenized Stock) (LMTON) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.21 across 111 shared trading days). CRCLB has been the more volatile of the two, at 82% annualised against LMTON's 29%.

Correlation: -0.21
Size ratio: 1 : 35.2

Lockheed (Ondo Tokenized Stock)LMTON

$638.8400

24h: -0.74%
Market cap: $4.69M
Volume 24h: $63,703
Volatility (ann.): 29%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$76.2600

24h: +0.09%
Market cap: $164.99M
Volume 24h: $40.77M
Volatility (ann.): 82%

LMTON 2.8%Share of the two combined market caps97.2% CRCLB

Performance

LMTONCRCLB

7 days-0.58%-7.34%LMTON
30 days-7.59%-10.38%LMTON
90 days+0.09%+21.21%CRCLB
1 year+12.64%——

Correlation

-0.21over 111 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0990d: -0.231y: 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	LMTON	CRCLB
Max drawdown (400d)	-26.7%	-31.5%
Risk-adjusted return (90d)	0.00	0.25

Relative strength over 90 days: CRCLB outperformed LMTON by 25.5% — measured on the LMTON/CRCLB ratio, so it holds regardless of market direction.

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