SK Hynix (Ondo Tokenized) vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 139.3× the size of SK Hynix (Ondo Tokenized) (SKHYON) by market capitalisation. Over the past 90 days, CRCLB is ahead by 30.6 percentage points (SKHYON -9.4% against CRCLB +21.2%). Their daily returns move barely together (correlation 0.28 across 76 shared trading days). SKHYON has been the more volatile of the two, at 108% annualised against CRCLB's 82%.

Correlation: 0.28
Size ratio: 1 : 139.3
Ahead over 90 days: CRCLB

SK Hynix (Ondo Tokenized)SKHYON

$144.8800

24h: -3.19%
Market cap: $1.14M
Volume 24h: $531,733
Volatility (ann.): 108%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$73.7000

24h: +0.49%
Market cap: $158.63M
Volume 24h: $25.34M
Volatility (ann.): 82%

SKHYON 0.7%Share of the two combined market caps99.3% CRCLB

Performance

SKHYONCRCLB

7 days-16.33%-7.34%CRCLB
30 days-12.28%-10.38%CRCLB
90 days-9.39%+21.21%CRCLB

Correlation

0.28over 76 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1590d: 0.281y: 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	SKHYON	CRCLB
Max drawdown (400d)	-26.5%	-31.5%
Risk-adjusted return (90d)	-0.09	0.25

Relative strength over 90 days: CRCLB outperformed SKHYON by 17.0% — measured on the SKHYON/CRCLB ratio, so it holds regardless of market direction.

SK Hynix (Ondo Tokenized) →Circle Internet Group (bStocks Tokenized Stock) →