NuScale Power (Ondo Tokenized) vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 4607.7× the size of NuScale Power (Ondo Tokenized) (SMRON) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.18 across 27 shared trading days). SMRON has been the more volatile of the two, at 108% annualised against CRCLB's 83%.

Correlation: -0.18
Size ratio: 1 : 4607.7

NuScale Power (Ondo Tokenized)SMRON

$5.0700

24h: —
Market cap: $33,032
Volume 24h: $11
Volatility (ann.): 108%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$68.9800

24h: -9.20%
Market cap: $152.20M
Volume 24h: $44.31M
Volatility (ann.): 83%

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

Performance

SMRONCRCLB

7 days-7.60%-10.02%SMRON
30 days-20.29%-18.89%CRCLB
90 days—+1.70%—

Correlation

-0.18over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.1890d: 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	SMRON	CRCLB
Max drawdown (400d)	-30.6%	-35.4%
Risk-adjusted return (90d)	-0.19	0.02

Relative strength over 90 days: CRCLB outperformed SMRON by 0.9% — measured on the SMRON/CRCLB ratio, so it holds regardless of market direction.

NuScale Power (Ondo Tokenized) →Circle Internet Group (bStocks Tokenized Stock) →