Rivian Automotive (Ondo Tokenized) vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 2579.6× the size of Rivian Automotive (Ondo Tokenized) (RIVNON) by market capitalisation. Over the past 90 days, CRCLB is ahead by 30.5 percentage points (RIVNON -11.3% against CRCLB +19.2%). Their daily returns move barely together (correlation 0.29 across 110 shared trading days). CRCLB has been the more volatile of the two, at 82% annualised against RIVNON's 57%.

Correlation: 0.29
Size ratio: 1 : 2579.6
Ahead over 90 days: CRCLB

Rivian Automotive (Ondo Tokenized)RIVNON

$14.0000

24h: +7.12%
Market cap: $57,890
Volume 24h: $479,711
Volatility (ann.): 57%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$67.8600

24h: -11.11%
Market cap: $149.34M
Volume 24h: $40.83M
Volatility (ann.): 82%

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

Performance

RIVNONCRCLB

7 days+0.33%-5.56%RIVNON
30 days-3.93%-9.22%RIVNON
90 days-11.29%+19.24%CRCLB

Correlation

0.29over 110 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2490d: 0.411y: 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	RIVNON	CRCLB
Max drawdown (400d)	-27.0%	-31.5%
Risk-adjusted return (90d)	-0.20	0.23

Relative strength over 90 days: CRCLB outperformed RIVNON by 34.4% — measured on the RIVNON/CRCLB ratio, so it holds regardless of market direction.

Rivian Automotive (Ondo Tokenized) →Circle Internet Group (bStocks Tokenized Stock) →