Meta Platforms (bStocks Tokenized Stock) vs Circle Internet Group (Ondo Tokenized Stock)

Circle Internet Group (Ondo Tokenized Stock) (CRCLON) is 89.5× the size of Meta Platforms (bStocks Tokenized Stock) (METAB) by market capitalisation. Their daily returns move barely together (correlation 0.23 across 56 shared trading days). CRCLON has been the more volatile of the two, at 98% annualised against METAB's 49%.

Correlation: 0.23
Size ratio: 1 : 89.5

Meta Platforms (bStocks Tokenized Stock)METAB

$629.1500

24h: +0.30%
Market cap: $1.01M
Volume 24h: $175,586
Volatility (ann.): 49%

Circle Internet Group (Ondo Tokenized Stock)CRCLON

$76.9100

24h: +1.37%
Market cap: $90.55M
Volume 24h: $1.69M
Volatility (ann.): 98%

METAB 1.1%Share of the two combined market caps98.9% CRCLON

Performance

METABCRCLON

7 days+0.30%-6.27%METAB
30 days-14.62%-16.67%METAB
90 days+5.18%——

Correlation

0.23over 56 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3690d: insufficient data1y: 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	METAB	CRCLON
Max drawdown (400d)	-21.3%	-30.7%
Risk-adjusted return (90d)	0.12	0.06

Relative strength over 90 days: METAB outperformed CRCLON by 8.0% — measured on the METAB/CRCLON ratio, so it holds regardless of market direction.

Meta Platforms (bStocks Tokenized Stock) →Circle Internet Group (Ondo Tokenized Stock) →