Ondas Holdings Tokenized Stock (Reality) vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 2167.0× the size of Ondas Holdings Tokenized Stock (Reality) (RONDS) by market capitalisation. Their daily returns move barely together (correlation 0.13 across 25 shared trading days). CRCLB has been the more volatile of the two, at 82% annualised against RONDS's 42%.

Correlation: 0.13
Size ratio: 1 : 2167.0

Ondas Holdings Tokenized Stock (Reality)RONDS

$5.2500

24h: -8.02%
Market cap: $74,376
Volume 24h: $368
Volatility (ann.): 42%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$75.3800

24h: -0.94%
Market cap: $161.17M
Volume 24h: $40.39M
Volatility (ann.): 82%

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

Performance

RONDSCRCLB

7 days-5.10%-5.56%RONDS
30 days-4.58%-9.22%RONDS
90 days—+19.24%—

Correlation

0.13over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1390d: 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	RONDS	CRCLB
Max drawdown (400d)	-11.5%	-31.5%
Risk-adjusted return (90d)	-0.11	0.23

Relative strength over 90 days: CRCLB outperformed RONDS by 4.6% — measured on the RONDS/CRCLB ratio, so it holds regardless of market direction.

Ondas Holdings Tokenized Stock (Reality) →Circle Internet Group (bStocks Tokenized Stock) →