McDonald's (ST0x Tokenized Stock) vs Circle Internet Group (Ondo Tokenized Stock)

Circle Internet Group (Ondo Tokenized Stock) (CRCLON) is 2893.3× the size of McDonald's (ST0x Tokenized Stock) (WTMCD) by market capitalisation. Over the past 30 days, WTMCD is ahead by 49.6 percentage points (WTMCD +19.3% against CRCLON -30.3%). Their daily returns move barely together (correlation 0.13 across 23 shared trading days). CRCLON has been the more volatile of the two, at 100% annualised against WTMCD's 28%.

Correlation: 0.13
Size ratio: 1 : 2893.3
Ahead over 30 days: WTMCD

McDonald's (ST0x Tokenized Stock)WTMCD

$275.1400

24h: -1.12%
Market cap: $27,644
Volume 24h: $7,122
Volatility (ann.): 28%

Circle Internet Group (Ondo Tokenized Stock)CRCLON

$67.7800

24h: -10.07%
Market cap: $79.98M
Volume 24h: $1.34M
Volatility (ann.): 100%

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

Performance

WTMCDCRCLON

7 days+7.91%-11.43%WTMCD
30 days+19.34%-30.30%WTMCD

Correlation

0.13over 23 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	WTMCD	CRCLON
Max drawdown (400d)	-2.1%	-34.9%
Risk-adjusted return (90d)	0.70	-0.05

Relative strength over 90 days: WTMCD outperformed CRCLON by 32.1% — measured on the WTMCD/CRCLON ratio, so it holds regardless of market direction.

McDonald's (ST0x Tokenized Stock) →Circle Internet Group (Ondo Tokenized Stock) →