Arm Holdings plc (Ondo Tokenized Stock) vs Circle Internet Group (Ondo Tokenized Stock)

Circle Internet Group (Ondo Tokenized Stock) (CRCLON) is 35.9× the size of Arm Holdings plc (Ondo Tokenized Stock) (ARMON) by market capitalisation. Over the past 30 days, CRCLON is ahead by 2.5 percentage points (ARMON -19.1% against CRCLON -16.7%). Their daily returns move loosely together (correlation 0.49 across 28 shared trading days). ARMON has been the more volatile of the two, at 125% annualised against CRCLON's 98%.

Correlation: 0.49
Size ratio: 1 : 35.9
Ahead over 30 days: CRCLON

Arm Holdings plc (Ondo Tokenized Stock)ARMON

$199.2500

24h: -0.47%
Market cap: $2.40M
Volume 24h: $849,289
Volatility (ann.): 125%

Circle Internet Group (Ondo Tokenized Stock)CRCLON

$73.2000

24h: -1.20%
Market cap: $86.21M
Volume 24h: $1.14M
Volatility (ann.): 98%

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

Performance

ARMONCRCLON

7 days-35.35%-6.27%CRCLON
30 days-19.14%-16.67%CRCLON

Correlation

0.49over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4990d: 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	ARMON	CRCLON
Max drawdown (400d)	-39.0%	-30.7%
Risk-adjusted return (90d)	-0.12	0.06

Relative strength over 90 days: CRCLON outperformed ARMON by 0.3% — measured on the ARMON/CRCLON ratio, so it holds regardless of market direction.

Arm Holdings plc (Ondo Tokenized Stock) →Circle Internet Group (Ondo Tokenized Stock) →