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

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 166.3× the size of Salesforce (Ondo Tokenized Stock) (CRMON) by market capitalisation. Over the past 90 days, CRMON is ahead by 19.8 percentage points (CRMON +41.0% against CRCLB +21.2%). Their daily returns move barely together (correlation 0.20 across 113 shared trading days). CRCLB has been the more volatile of the two, at 82% annualised against CRMON's 47%.

Correlation: 0.20
Size ratio: 1 : 166.3
Ahead over 90 days: CRMON

Salesforce (Ondo Tokenized Stock)CRMON

$221.6900

24h: -2.39%
Market cap: $960,292
Volume 24h: $617,772
Volatility (ann.): 47%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$73.8100

24h: +0.71%
Market cap: $159.66M
Volume 24h: $26.07M
Volatility (ann.): 82%

CRMON 0.6%Share of the two combined market caps99.4% CRCLB

Performance

CRMONCRCLB

7 days-2.77%-7.34%CRMON
30 days-9.26%-10.38%CRMON
90 days+41.01%+21.21%CRMON

Correlation

0.20over 113 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4790d: 0.181y: 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	CRMON	CRCLB
Max drawdown (400d)	-43.7%	-31.5%
Risk-adjusted return (90d)	0.76	0.25

Relative strength over 90 days: CRMON outperformed CRCLB by 26.0% — measured on the CRMON/CRCLB ratio, so it holds regardless of market direction.

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