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

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 398.4× the size of Vistra (Ondo Tokenized) (VSTON) by market capitalisation. Over the past 90 days, CRCLB is ahead by 24.3 percentage points (VSTON -5.1% against CRCLB +19.2%). Their daily returns move barely in opposite directions (correlation -0.01 across 111 shared trading days). CRCLB has been the more volatile of the two, at 82% annualised against VSTON's 44%.

Correlation: -0.01
Size ratio: 1 : 398.4
Ahead over 90 days: CRCLB

Vistra (Ondo Tokenized)VSTON

$119.9000

24h: -14.39%
Market cap: $408,478
Volume 24h: $156,347
Volatility (ann.): 44%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$76.0300

24h: +5.18%
Market cap: $162.75M
Volume 24h: $43.00M
Volatility (ann.): 82%

VSTON 0.3%Share of the two combined market caps99.7% CRCLB

Performance

VSTONCRCLB

7 days+2.12%-5.56%VSTON
30 days+4.69%-9.22%VSTON
90 days-5.07%+19.24%CRCLB

Correlation

-0.01over 111 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.1790d: -0.041y: 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	VSTON	CRCLB
Max drawdown (400d)	-18.8%	-31.5%
Risk-adjusted return (90d)	-0.12	0.23

Relative strength over 90 days: CRCLB outperformed VSTON by 26.8% — measured on the VSTON/CRCLB ratio, so it holds regardless of market direction.

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