Navitas Semiconductor (Ondo Tokenized) vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 6587.6× the size of Navitas Semiconductor (Ondo Tokenized) (NVTSON) by market capitalisation. Their daily returns move loosely together (correlation 0.37 across 26 shared trading days). NVTSON has been the more volatile of the two, at 114% annualised against CRCLB's 82%.

Correlation: 0.37
Size ratio: 1 : 6587.6

Navitas Semiconductor (Ondo Tokenized)NVTSON

$9.0800

24h: +5.93%
Market cap: $24,130
Volume 24h: $228
Volatility (ann.): 114%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$74.2500

24h: +0.44%
Market cap: $158.96M
Volume 24h: $33.23M
Volatility (ann.): 82%

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

Performance

NVTSONCRCLB

7 days-22.94%-5.56%CRCLB
30 days-15.43%-9.22%CRCLB
90 days—+19.24%—

Correlation

0.37over 26 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3790d: 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	NVTSON	CRCLB
Max drawdown (400d)	-24.4%	-31.5%
Risk-adjusted return (90d)	-0.14	0.23

Relative strength over 90 days: NVTSON outperformed CRCLB by 14.1% — measured on the NVTSON/CRCLB ratio, so it holds regardless of market direction.

Navitas Semiconductor (Ondo Tokenized) →Circle Internet Group (bStocks Tokenized Stock) →