Aehr Test Systems (Ondo Tokenized) vs Circle Internet Group (Ondo Tokenized Stock)

Circle Internet Group (Ondo Tokenized Stock) (CRCLON) is 340.2× the size of Aehr Test Systems (Ondo Tokenized) (AEHRON) by market capitalisation. Over the past 30 days, AEHRON is ahead by 37.6 percentage points (AEHRON +21.8% against CRCLON -15.9%). Their daily returns move barely in opposite directions (correlation -0.19 across 35 shared trading days). Both have run at a similar volatility, around 101% annualised.

Correlation: -0.19
Size ratio: 1 : 340.2
Ahead over 30 days: AEHRON

Aehr Test Systems (Ondo Tokenized)AEHRON

$59.3600

24h: -5.67%
Market cap: $263,111
Volume 24h: $150,492
Volatility (ann.): 105%

Circle Internet Group (Ondo Tokenized Stock)CRCLON

$76.0300

24h: +4.55%
Market cap: $89.51M
Volume 24h: $1.63M
Volatility (ann.): 97%

AEHRON 0.3%Share of the two combined market caps99.7% CRCLON

Performance

AEHRONCRCLON

7 days+1.60%-5.63%AEHRON
30 days+21.76%-15.88%AEHRON

Correlation

-0.19over 35 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0990d: 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	AEHRON	CRCLON
Max drawdown (400d)	-47.2%	-30.7%
Risk-adjusted return (90d)	-0.02	0.06

Relative strength over 90 days: CRCLON outperformed AEHRON by 30.7% — measured on the AEHRON/CRCLON ratio, so it holds regardless of market direction.

Aehr Test Systems (Ondo Tokenized) →Circle Internet Group (Ondo Tokenized Stock) →