Super Micro Computer (Ondo Tokenized Stock) vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 95.8× the size of Super Micro Computer (Ondo Tokenized Stock) (SMCION) by market capitalisation. Over the past 90 days, SMCION is ahead by 23.1 percentage points (SMCION +44.4% against CRCLB +21.2%). Their daily returns move barely together (correlation 0.24 across 110 shared trading days). SMCION has been the more volatile of the two, at 98% annualised against CRCLB's 82%.

Correlation: 0.24
Size ratio: 1 : 95.8
Ahead over 90 days: SMCION

Super Micro Computer (Ondo Tokenized Stock)SMCION

$33.1500

24h: +6.78%
Market cap: $1.75M
Volume 24h: $616,448
Volatility (ann.): 98%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$76.9600

24h: +1.47%
Market cap: $167.28M
Volume 24h: $43.06M
Volatility (ann.): 82%

SMCION 1.0%Share of the two combined market caps99.0% CRCLB

Performance

SMCIONCRCLB

7 days+2.56%-7.34%SMCION
30 days+14.32%-10.38%SMCION
90 days+44.35%+21.21%SMCION

Correlation

0.24over 110 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1890d: 0.321y: 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	SMCION	CRCLB
Max drawdown (400d)	-51.3%	-31.5%
Risk-adjusted return (90d)	0.49	0.25

Relative strength over 90 days: SMCION outperformed CRCLB by 6.8% — measured on the SMCION/CRCLB ratio, so it holds regardless of market direction.

Super Micro Computer (Ondo Tokenized Stock) →Circle Internet Group (bStocks Tokenized Stock) →