Exxon Mobil (Ondo Tokenized Stock) vs Circle Internet Group (Ondo Tokenized Stock)

Circle Internet Group (Ondo Tokenized Stock) (CRCLON) is 582.3× the size of Exxon Mobil (Ondo Tokenized Stock) (XOMON) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.31 across 35 shared trading days). CRCLON has been the more volatile of the two, at 97% annualised against XOMON's 29%.

Correlation: -0.31
Size ratio: 1 : 582.3

Exxon Mobil (Ondo Tokenized Stock)XOMON

$172.6000

24h: -4.30%
Market cap: $149,760
Volume 24h: $1.26M
Volatility (ann.): 29%

Circle Internet Group (Ondo Tokenized Stock)CRCLON

$74.0700

24h: +1.25%
Market cap: $87.21M
Volume 24h: $1.22M
Volatility (ann.): 97%

XOMON 0.2%Share of the two combined market caps99.8% CRCLON

Performance

XOMONCRCLON

7 days+2.37%-5.63%XOMON
30 days+3.84%-15.88%XOMON
90 days+19.82%——

Correlation

-0.31over 35 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.3390d: 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	XOMON	CRCLON
Max drawdown (400d)	-20.7%	-30.7%
Risk-adjusted return (90d)	0.73	0.06

Relative strength over 90 days: CRCLON outperformed XOMON by 17.7% — measured on the XOMON/CRCLON ratio, so it holds regardless of market direction.

Exxon Mobil (Ondo Tokenized Stock) →Circle Internet Group (Ondo Tokenized Stock) →