SoundHound AI (Ondo Tokenized) vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 12012.5× the size of SoundHound AI (Ondo Tokenized) (SOUNON) by market capitalisation. Over the past 90 days, CRCLB is ahead by 25.4 percentage points (SOUNON -6.2% against CRCLB +19.2%). Their daily returns move barely together (correlation 0.22 across 110 shared trading days). Both have run at a similar volatility, around 81% annualised.

Correlation: 0.22
Size ratio: 1 : 12012.5
Ahead over 90 days: CRCLB

SoundHound AI (Ondo Tokenized)SOUNON

$4.3700

24h: +6.68%
Market cap: $12,038
Volume 24h: $148,110
Volatility (ann.): 80%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$67.5300

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

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

Performance

SOUNONCRCLB

7 days-2.05%-5.56%SOUNON
30 days-14.87%-9.22%CRCLB
90 days-6.18%+19.24%CRCLB

Correlation

0.22over 110 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4390d: 0.211y: 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	SOUNON	CRCLB
Max drawdown (400d)	-48.4%	-31.5%
Risk-adjusted return (90d)	-0.08	0.23

Relative strength over 90 days: CRCLB outperformed SOUNON by 30.6% — measured on the SOUNON/CRCLB ratio, so it holds regardless of market direction.

SoundHound AI (Ondo Tokenized) →Circle Internet Group (bStocks Tokenized Stock) →