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

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 14764.3× the size of Verizon (Ondo Tokenized) (VZON) by market capitalisation. Their daily returns move barely together (correlation 0.10 across 30 shared trading days). CRCLB has been the more volatile of the two, at 82% annualised against VZON's 24%.

Correlation: 0.10
Size ratio: 1 : 14764.3

Verizon (Ondo Tokenized)VZON

$48.5800

24h: +2.74%
Market cap: $10,168
Volume 24h: $40
Volatility (ann.): 24%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$68.1200

24h: -10.54%
Market cap: $150.12M
Volume 24h: $39.67M
Volatility (ann.): 82%

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

Performance

VZONCRCLB

7 days-1.82%-5.56%VZON
30 days-8.56%-9.22%VZON
90 days—+19.24%—

Correlation

0.10over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1090d: 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	VZON	CRCLB
Max drawdown (400d)	-11.8%	-31.5%
Risk-adjusted return (90d)	-0.36	0.23

Relative strength over 90 days: VZON outperformed CRCLB by 14.8% — measured on the VZON/CRCLB ratio, so it holds regardless of market direction.

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