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

Circle Internet Group (Ondo Tokenized Stock) (CRCLON) is 19.1× the size of Lockheed (Ondo Tokenized Stock) (LMTON) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.32 across 35 shared trading days). CRCLON has been the more volatile of the two, at 98% annualised against LMTON's 29%.

Correlation: -0.32
Size ratio: 1 : 19.1

Lockheed (Ondo Tokenized Stock)LMTON

$638.8400

24h: -0.74%
Market cap: $4.69M
Volume 24h: $63,703
Volatility (ann.): 29%

Circle Internet Group (Ondo Tokenized Stock)CRCLON

$76.0600

24h: -0.49%
Market cap: $89.57M
Volume 24h: $1.66M
Volatility (ann.): 98%

LMTON 5.0%Share of the two combined market caps95.0% CRCLON

Performance

LMTONCRCLON

7 days-0.58%-6.27%LMTON
30 days-7.59%-16.67%LMTON
90 days+0.09%——
1 year+12.64%——

Correlation

-0.32over 35 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.1890d: 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	LMTON	CRCLON
Max drawdown (400d)	-26.7%	-30.7%
Risk-adjusted return (90d)	0.00	0.06

Relative strength over 90 days: CRCLON outperformed LMTON by 28.2% — measured on the LMTON/CRCLON ratio, so it holds regardless of market direction.

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