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

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 64.3× the size of Petrobras (Ondo Tokenized Stock) (PBRON) by market capitalisation. Over the past 90 days, PBRON is ahead by 7.9 percentage points (PBRON +29.1% against CRCLB +21.2%). Their daily returns move barely in opposite directions (correlation -0.06 across 110 shared trading days). CRCLB has been the more volatile of the two, at 82% annualised against PBRON's 39%.

Correlation: -0.06
Size ratio: 1 : 64.3
Ahead over 90 days: PBRON

Petrobras (Ondo Tokenized Stock)PBRON

$21.9000

24h: -0.83%
Market cap: $2.55M
Volume 24h: $506,589
Volatility (ann.): 39%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$76.3900

24h: +5.17%
Market cap: $163.95M
Volume 24h: $23.61M
Volatility (ann.): 82%

PBRON 1.5%Share of the two combined market caps98.5% CRCLB

Performance

PBRONCRCLB

7 days+0.14%-7.34%PBRON
30 days+12.57%-10.38%PBRON
90 days+29.07%+21.21%PBRON

Correlation

-0.06over 110 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.2190d: -0.101y: 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	PBRON	CRCLB
Max drawdown (400d)	-26.3%	-31.5%
Risk-adjusted return (90d)	0.77	0.25

Relative strength over 90 days: CRCLB outperformed PBRON by 4.5% — measured on the PBRON/CRCLB ratio, so it holds regardless of market direction.

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