nVent Electric (Ondo Tokenized) vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 3955.9× the size of nVent Electric (Ondo Tokenized) (NVTON) by market capitalisation. Their daily returns move barely together (correlation 0.05 across 25 shared trading days). CRCLB has been the more volatile of the two, at 83% annualised against NVTON's 56%.

Correlation: 0.05
Size ratio: 1 : 3955.9

nVent Electric (Ondo Tokenized)NVTON

$98.6700

24h: -12.93%
Market cap: $38,029
Volume 24h: $1,596
Volatility (ann.): 56%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$68.6100

24h: -9.49%
Market cap: $150.44M
Volume 24h: $44.23M
Volatility (ann.): 83%

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

Performance

NVTONCRCLB

7 days+2.17%-10.02%NVTON
30 days+10.74%-18.89%NVTON
90 days—+1.70%—

Correlation

0.05over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0590d: 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	NVTON	CRCLB
Max drawdown (400d)	-9.8%	-35.4%
Risk-adjusted return (90d)	0.19	0.02

Relative strength over 90 days: NVTON outperformed CRCLB by 37.7% — measured on the NVTON/CRCLB ratio, so it holds regardless of market direction.

nVent Electric (Ondo Tokenized) →Circle Internet Group (bStocks Tokenized Stock) →