Accenture (Ondo Tokenized Stock) vs Circle Internet Group (Ondo Tokenized Stock)

Circle Internet Group (Ondo Tokenized Stock) (CRCLON) is 63.6× the size of Accenture (Ondo Tokenized Stock) (ACNON) by market capitalisation. Their daily returns move barely together (correlation 0.26 across 35 shared trading days). CRCLON has been the more volatile of the two, at 98% annualised against ACNON's 45%.

Correlation: 0.26
Size ratio: 1 : 63.6

Accenture (Ondo Tokenized Stock)ACNON

$262.4400

24h: -2.52%
Market cap: $1.42M
Volume 24h: $461,767
Volatility (ann.): 45%

Circle Internet Group (Ondo Tokenized Stock)CRCLON

$76.9100

24h: +1.37%
Market cap: $90.55M
Volume 24h: $1.69M
Volatility (ann.): 98%

ACNON 1.5%Share of the two combined market caps98.5% CRCLON

Performance

ACNONCRCLON

7 days-3.90%-6.27%ACNON
30 days-6.52%-16.67%ACNON
90 days+36.26%——
1 year-25.24%——

Correlation

0.26over 35 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1590d: 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	ACNON	CRCLON
Max drawdown (400d)	-56.5%	-30.7%
Risk-adjusted return (90d)	0.80	0.06

Relative strength over 90 days: CRCLON outperformed ACNON by 14.3% — measured on the ACNON/CRCLON ratio, so it holds regardless of market direction.

Accenture (Ondo Tokenized Stock) →Circle Internet Group (Ondo Tokenized Stock) →