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

Circle Internet Group (Ondo Tokenized Stock) (CRCLON) is 151.7× the size of GameStop (Ondo Tokenized Stock) (GMEON) by market capitalisation. Their daily returns move barely together (correlation 0.12 across 35 shared trading days). CRCLON has been the more volatile of the two, at 97% annualised against GMEON's 45%.

Correlation: 0.12
Size ratio: 1 : 151.7

GameStop (Ondo Tokenized Stock)GMEON

$25.7500

24h: +5.64%
Market cap: $583,801
Volume 24h: $512,039
Volatility (ann.): 45%

Circle Internet Group (Ondo Tokenized Stock)CRCLON

$75.2100

24h: +1.02%
Market cap: $88.55M
Volume 24h: $1.61M
Volatility (ann.): 97%

GMEON 0.7%Share of the two combined market caps99.3% CRCLON

Performance

GMEONCRCLON

7 days-0.38%-5.63%GMEON
30 days+28.57%-15.88%GMEON
90 days+4.37%——
1 year-13.94%——

Correlation

0.12over 35 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1690d: 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	GMEON	CRCLON
Max drawdown (400d)	-36.4%	-30.7%
Risk-adjusted return (90d)	0.10	0.06

Relative strength over 90 days: GMEON outperformed CRCLON by 6.8% — measured on the GMEON/CRCLON ratio, so it holds regardless of market direction.

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