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

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 3037.8× the size of RTX (Ondo Tokenized) (RTXON) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.24 across 29 shared trading days). CRCLB has been the more volatile of the two, at 82% annualised against RTXON's 15%.

Correlation: -0.24
Size ratio: 1 : 3037.8

RTX (Ondo Tokenized)RTXON

$198.4600

24h: -3.06%
Market cap: $47,603
Volume 24h: $11
Volatility (ann.): 15%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$66.5200

24h: -12.77%
Market cap: $144.61M
Volume 24h: $40.56M
Volatility (ann.): 82%

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

Performance

RTXONCRCLB

7 days-4.52%-5.56%RTXON
30 days-10.38%-9.22%CRCLB
90 days—+19.24%—

Correlation

-0.24over 29 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.2490d: insufficient data1y: 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	RTXON	CRCLB
Max drawdown (400d)	-10.4%	-31.5%
Risk-adjusted return (90d)	-0.69	0.23

Relative strength over 90 days: RTXON outperformed CRCLB by 5.2% — measured on the RTXON/CRCLB ratio, so it holds regardless of market direction.

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