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

Circle Internet Group (Ondo Tokenized Stock) (CRCLON) is 21.1× the size of Broadcom (Ondo Tokenized Stock) (AVGOON) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.06 across 35 shared trading days). CRCLON has been the more volatile of the two, at 97% annualised against AVGOON's 48%.

Correlation: -0.06
Size ratio: 1 : 21.1

Broadcom (Ondo Tokenized Stock)AVGOON

$326.8200

24h: -0.23%
Market cap: $4.25M
Volume 24h: $1.65M
Volatility (ann.): 48%

Circle Internet Group (Ondo Tokenized Stock)CRCLON

$76.3200

24h: +2.52%
Market cap: $89.84M
Volume 24h: $1.65M
Volatility (ann.): 97%

AVGOON 4.5%Share of the two combined market caps95.5% CRCLON

Performance

AVGOONCRCLON

7 days-4.59%-5.63%AVGOON
30 days-5.25%-15.88%AVGOON
90 days-5.40%——
1 year+3.29%——

Correlation

-0.06over 35 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0490d: 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	AVGOON	CRCLON
Max drawdown (400d)	-31.0%	-30.7%
Risk-adjusted return (90d)	-0.14	0.06

Relative strength over 90 days: CRCLON outperformed AVGOON by 22.8% — measured on the AVGOON/CRCLON ratio, so it holds regardless of market direction.

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