Oracle (Ondo Tokenized Stock) vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 43.9× the size of Oracle (Ondo Tokenized Stock) (ORCLON) by market capitalisation. Their daily returns move barely together (correlation 0.33 across 110 shared trading days). CRCLB has been the more volatile of the two, at 82% annualised against ORCLON's 60%.

Correlation: 0.33
Size ratio: 1 : 43.9

Oracle (Ondo Tokenized Stock)ORCLON

$123.7300

24h: +2.11%
Market cap: $3.80M
Volume 24h: $1.02M
Volatility (ann.): 60%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$76.9800

24h: +0.92%
Market cap: $166.78M
Volume 24h: $41.87M
Volatility (ann.): 82%

ORCLON 2.2%Share of the two combined market caps97.8% CRCLB

Performance

ORCLONCRCLB

7 days-9.33%-7.34%CRCLB
30 days-10.79%-10.38%CRCLB
90 days-7.80%+21.21%CRCLB
1 year-52.97%——

Correlation

0.33over 110 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3390d: 0.321y: 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	ORCLON	CRCLB
Max drawdown (400d)	-62.5%	-31.5%
Risk-adjusted return (90d)	-0.14	0.25

Relative strength over 90 days: CRCLB outperformed ORCLON by 31.8% — measured on the ORCLON/CRCLB ratio, so it holds regardless of market direction.

Oracle (Ondo Tokenized Stock) →Circle Internet Group (bStocks Tokenized Stock) →