Palantir Technologies (Ondo Tokenized Stock) vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 57.8× the size of Palantir Technologies (Ondo Tokenized Stock) (PLTRON) by market capitalisation. Their daily returns move barely together (correlation 0.34 across 120 shared trading days). CRCLB has been the more volatile of the two, at 82% annualised against PLTRON's 57%.

Correlation: 0.34
Size ratio: 1 : 57.8

Palantir Technologies (Ondo Tokenized Stock)PLTRON

$169.5700

24h: -2.06%
Market cap: $2.88M
Volume 24h: $1.52M
Volatility (ann.): 57%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$76.8400

24h: +0.08%
Market cap: $166.23M
Volume 24h: $41.47M
Volatility (ann.): 82%

PLTRON 1.7%Share of the two combined market caps98.3% CRCLB

Performance

PLTRONCRCLB

7 days-12.53%-7.34%CRCLB
30 days+1.33%-10.38%PLTRON
90 days+36.30%+21.21%PLTRON
1 year-5.69%——

Correlation

0.34over 120 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2290d: 0.341y: 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	PLTRON	CRCLB
Max drawdown (400d)	-46.3%	-31.5%
Risk-adjusted return (90d)	0.59	0.25
Best 30 days (past year)	+51.5%	—
Worst 30 days (past year)	-29.8%	—

Relative strength over 90 days: PLTRON outperformed CRCLB by 20.8% — measured on the PLTRON/CRCLB ratio, so it holds regardless of market direction.

Palantir Technologies (Ondo Tokenized Stock) →Circle Internet Group (bStocks Tokenized Stock) →