Global X Uranium ETF (Ondo Tokenized) vs Strategy Stretch Preferred (Ondo Tokenized)

Strategy Stretch Preferred (Ondo Tokenized) (STRCON) is 154.2× the size of Global X Uranium ETF (Ondo Tokenized) (URAON) by market capitalisation. Over the past 90 days, STRCON is ahead by 25.3 percentage points (URAON -6.4% against STRCON +18.9%). Their daily returns move loosely together (correlation 0.46 across 91 shared trading days). URAON has been the more volatile of the two, at 48% annualised against STRCON's 20%.

Correlation: 0.46
Size ratio: 1 : 154.2
Ahead over 90 days: STRCON

Global X Uranium ETF (Ondo Tokenized)URAON

$33.0700

24h: +0.47%
Market cap: $345,672
Volume 24h: $158,407
Volatility (ann.): 48%

Strategy Stretch Preferred (Ondo Tokenized)STRCON

$106.8200

24h: +0.17%
Market cap: $53.31M
Volume 24h: $711,613
Volatility (ann.): 20%

URAON 0.6%Share of the two combined market caps99.4% STRCON

Performance

URAONSTRCON

7 days-6.02%+0.56%STRCON
30 days-11.40%+4.00%STRCON
90 days-6.44%+18.88%STRCON

Correlation

0.46over 91 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.6090d: 0.461y: 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	URAON	STRCON
Max drawdown (400d)	-34.9%	-4.3%
Risk-adjusted return (90d)	-0.14	1.13

Relative strength over 90 days: STRCON outperformed URAON by 22.1% — measured on the URAON/STRCON ratio, so it holds regardless of market direction.

Global X Uranium ETF (Ondo Tokenized) →Strategy Stretch Preferred (Ondo Tokenized) →