Planet Labs (Ondo Tokenized) vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 32323.4× the size of Planet Labs (Ondo Tokenized) (PLON) by market capitalisation. Over the past 90 days, CRCLB is ahead by 67.3 percentage points (PLON -48.1% against CRCLB +19.2%). Their daily returns move barely together (correlation 0.13 across 103 shared trading days). CRCLB has been the more volatile of the two, at 82% annualised against PLON's 70%.

Correlation: 0.13
Size ratio: 1 : 32323.4
Ahead over 90 days: CRCLB

Planet Labs (Ondo Tokenized)PLON

$12.6700

24h: -4.18%
Market cap: $4,957
Volume 24h: $140,987
Volatility (ann.): 70%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$75.2400

24h: +0.56%
Market cap: $160.24M
Volume 24h: $41.83M
Volatility (ann.): 82%

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

Performance

PLONCRCLB

7 days-0.12%-5.56%PLON
30 days-13.62%-9.22%CRCLB
90 days-48.05%+19.24%CRCLB

Correlation

0.13over 103 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.1290d: 0.201y: 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	PLON	CRCLB
Max drawdown (400d)	-52.1%	-31.5%
Risk-adjusted return (90d)	-0.75	0.23

Relative strength over 90 days: CRCLB outperformed PLON by 61.6% — measured on the PLON/CRCLB ratio, so it holds regardless of market direction.

Planet Labs (Ondo Tokenized) →Circle Internet Group (bStocks Tokenized Stock) →