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

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 28134.8× the size of MaxLinear (Ondo Tokenized) (MXLON) by market capitalisation. Over the past 90 days, CRCLB is ahead by 39.6 percentage points (MXLON -20.3% against CRCLB +19.2%). Their daily returns move barely together (correlation 0.13 across 76 shared trading days). MXLON has been the more volatile of the two, at 128% annualised against CRCLB's 82%.

Correlation: 0.13
Size ratio: 1 : 28134.8
Ahead over 90 days: CRCLB

MaxLinear (Ondo Tokenized)MXLON

$55.3500

24h: -11.35%
Market cap: $5,753
Volume 24h: $139,281
Volatility (ann.): 128%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$76.0200

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

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

Performance

MXLONCRCLB

7 days-0.05%-5.56%MXLON
30 days+3.12%-9.22%MXLON
90 days-20.33%+19.24%CRCLB

Correlation

0.13over 76 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1690d: 0.131y: 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	MXLON	CRCLB
Max drawdown (400d)	-32.4%	-31.5%
Risk-adjusted return (90d)	-0.16	0.23

Relative strength over 90 days: CRCLB outperformed MXLON by 33.6% — measured on the MXLON/CRCLB ratio, so it holds regardless of market direction.

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