Krispy Kreme (ST0x Tokenized Stock) vs Circle Internet Group (Ondo Tokenized Stock)

Circle Internet Group (Ondo Tokenized Stock) (CRCLON) is 2149.2× the size of Krispy Kreme (ST0x Tokenized Stock) (WTDNUT) by market capitalisation. Over the past 30 days, WTDNUT is ahead by 87.4 percentage points (WTDNUT +57.1% against CRCLON -30.3%). Their daily returns move loosely in opposite directions (correlation -0.53 across 22 shared trading days). Both have run at a similar volatility, around 107% annualised.

Correlation: -0.53
Size ratio: 1 : 2149.2
Ahead over 30 days: WTDNUT

Krispy Kreme (ST0x Tokenized Stock)WTDNUT

$4.5600

24h: +32.21%
Market cap: $37,083
Volume 24h: $5,666
Volatility (ann.): 114%

Circle Internet Group (Ondo Tokenized Stock)CRCLON

$67.6100

24h: -0.56%
Market cap: $79.70M
Volume 24h: $780,312
Volatility (ann.): 100%

WTDNUT 0.0%Share of the two combined market caps100.0% CRCLON

Performance

WTDNUTCRCLON

7 days+50.48%-11.43%WTDNUT
30 days+57.09%-30.30%WTDNUT

Correlation

-0.53over 22 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	WTDNUT	CRCLON
Max drawdown (400d)	-8.7%	-34.9%
Risk-adjusted return (90d)	0.50	-0.05

Relative strength over 90 days: WTDNUT outperformed CRCLON by 67.6% — measured on the WTDNUT/CRCLON ratio, so it holds regardless of market direction.

Krispy Kreme (ST0x Tokenized Stock) →Circle Internet Group (Ondo Tokenized Stock) →