Cisco Systems (Ondo Tokenized Stock) vs Circle Internet Group (Ondo Tokenized Stock)

Circle Internet Group (Ondo Tokenized Stock) (CRCLON) is 34.0× the size of Cisco Systems (Ondo Tokenized Stock) (CSCOON) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.01 across 35 shared trading days). CRCLON has been the more volatile of the two, at 98% annualised against CSCOON's 40%.

Correlation: -0.01
Size ratio: 1 : 34.0

Cisco Systems (Ondo Tokenized Stock)CSCOON

$102.1900

24h: -0.49%
Market cap: $2.56M
Volume 24h: $309,957
Volatility (ann.): 40%

Circle Internet Group (Ondo Tokenized Stock)CRCLON

$73.9900

24h: +1.19%
Market cap: $87.11M
Volume 24h: $1.01M
Volatility (ann.): 98%

CSCOON 2.9%Share of the two combined market caps97.1% CRCLON

Performance

CSCOONCRCLON

7 days-0.04%-6.27%CSCOON
30 days-3.13%-16.67%CSCOON
90 days-8.69%——
1 year+56.90%——

Correlation

-0.01over 35 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0190d: 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	CSCOON	CRCLON
Max drawdown (400d)	-18.0%	-30.7%
Risk-adjusted return (90d)	-0.27	0.06

Relative strength over 90 days: CRCLON outperformed CSCOON by 19.9% — measured on the CSCOON/CRCLON ratio, so it holds regardless of market direction.

Cisco Systems (Ondo Tokenized Stock) →Circle Internet Group (Ondo Tokenized Stock) →