Apple (Coinbase Tokenized Stock) vs Circle Internet Group (Ondo Tokenized Stock)

Circle Internet Group (Ondo Tokenized Stock) (CRCLON) is 36.1× the size of Apple (Coinbase Tokenized Stock) (AAPLC) by market capitalisation. Over the past 30 days, AAPLC is ahead by 21.4 percentage points (AAPLC +4.7% against CRCLON -16.7%). Their daily returns move barely together (correlation 0.02 across 32 shared trading days). CRCLON has been the more volatile of the two, at 98% annualised against AAPLC's 24%.

Correlation: 0.02
Size ratio: 1 : 36.1
Ahead over 30 days: AAPLC

Apple (Coinbase Tokenized Stock)AAPLC

$327.7500

24h: -0.29%
Market cap: $2.41M
Volume 24h: $5.13M
Volatility (ann.): 24%

Circle Internet Group (Ondo Tokenized Stock)CRCLON

$73.7900

24h: +1.32%
Market cap: $86.85M
Volume 24h: $1.01M
Volatility (ann.): 98%

AAPLC 2.7%Share of the two combined market caps97.3% CRCLON

Performance

AAPLCCRCLON

7 days-4.64%-6.27%AAPLC
30 days+4.72%-16.67%AAPLC

Correlation

0.02over 32 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0890d: 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	AAPLC	CRCLON
Max drawdown (400d)	-5.4%	-30.7%
Risk-adjusted return (90d)	0.13	0.06

Relative strength over 90 days: AAPLC outperformed CRCLON by 21.4% — measured on the AAPLC/CRCLON ratio, so it holds regardless of market direction.

Apple (Coinbase Tokenized Stock) →Circle Internet Group (Ondo Tokenized Stock) →