iShares Russell 1000 Growth ETF (Ondo Tokenized ETF) vs Circle Internet Group (Ondo Tokenized Stock)

Circle Internet Group (Ondo Tokenized Stock) (CRCLON) is 10.1× the size of iShares Russell 1000 Growth ETF (Ondo Tokenized ETF) (IWFON) by market capitalisation. Over the past 30 days, IWFON is ahead by 19.1 percentage points (IWFON +2.4% against CRCLON -16.7%). Their daily returns move loosely together (correlation 0.45 across 21 shared trading days). CRCLON has been the more volatile of the two, at 98% annualised against IWFON's 15%.

Correlation: 0.45
Size ratio: 1 : 10.1
Ahead over 30 days: IWFON

iShares Russell 1000 Growth ETF (Ondo Tokenized ETF)IWFON

$471.2300

24h: +0.20%
Market cap: $8.94M
Volume 24h: $1
Volatility (ann.): 15%

Circle Internet Group (Ondo Tokenized Stock)CRCLON

$76.7100

24h: +1.36%
Market cap: $90.35M
Volume 24h: $1.68M
Volatility (ann.): 98%

IWFON 9.0%Share of the two combined market caps91.0% CRCLON

Performance

IWFONCRCLON

7 days+3.06%-6.27%IWFON
30 days+2.39%-16.67%IWFON

Correlation

0.45over 21 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	IWFON	CRCLON
Max drawdown (400d)	-2.5%	-30.7%
Risk-adjusted return (90d)	0.16	0.06

Relative strength over 90 days: IWFON outperformed CRCLON by 3.2% — measured on the IWFON/CRCLON ratio, so it holds regardless of market direction.

iShares Russell 1000 Growth ETF (Ondo Tokenized ETF) →Circle Internet Group (Ondo Tokenized Stock) →