AMD xStock vs Circle Internet Group (Ondo Tokenized Stock)

Circle Internet Group (Ondo Tokenized Stock) (CRCLON) is 17.2× the size of AMD xStock (AMDX) by market capitalisation. Over the past 30 days, AMDX is ahead by 16.2 percentage points (AMDX -0.5% against CRCLON -16.7%). Their daily returns move barely together (correlation 0.20 across 29 shared trading days). Both have run at a similar volatility, around 95% annualised.

Correlation: 0.20
Size ratio: 1 : 17.2
Ahead over 30 days: AMDX

AMD xStockAMDX

$506.5700

24h: +6.15%
Market cap: $5.19M
Volume 24h: $738,926
Volatility (ann.): 92%

Circle Internet Group (Ondo Tokenized Stock)CRCLON

$75.5900

24h: +4.73%
Market cap: $89.29M
Volume 24h: $678,972
Volatility (ann.): 98%

AMDX 5.5%Share of the two combined market caps94.5% CRCLON

Performance

AMDXCRCLON

7 days-22.34%-6.27%CRCLON
30 days-0.51%-16.67%AMDX

Correlation

0.20over 29 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2090d: 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	AMDX	CRCLON
Max drawdown (400d)	-25.6%	-30.7%
Risk-adjusted return (90d)	0.01	0.06

Relative strength over 90 days: AMDX outperformed CRCLON by 24.6% — measured on the AMDX/CRCLON ratio, so it holds regardless of market direction.

AMD xStock →Circle Internet Group (Ondo Tokenized Stock) →