Meta (Coinbase Tokenized Stock) vs Circle Internet Group (Ondo Tokenized Stock)

Circle Internet Group (Ondo Tokenized Stock) (CRCLON) is 20.1× the size of Meta (Coinbase Tokenized Stock) (METAC) by market capitalisation. Over the past 30 days, METAC is ahead by 17.7 percentage points (METAC +1.0% against CRCLON -16.7%). Their daily returns move loosely together (correlation 0.39 across 32 shared trading days). CRCLON has been the more volatile of the two, at 98% annualised against METAC's 62%.

Correlation: 0.39
Size ratio: 1 : 20.1
Ahead over 30 days: METAC

Meta (Coinbase Tokenized Stock)METAC

$612.8200

24h: +0.75%
Market cap: $4.50M
Volume 24h: $11.92M
Volatility (ann.): 62%

Circle Internet Group (Ondo Tokenized Stock)CRCLON

$76.9500

24h: +3.62%
Market cap: $90.50M
Volume 24h: $1.47M
Volatility (ann.): 98%

METAC 4.7%Share of the two combined market caps95.3% CRCLON

Performance

METACCRCLON

7 days-0.15%-6.27%METAC
30 days+0.99%-16.67%METAC

Correlation

0.39over 32 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4390d: 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	METAC	CRCLON
Max drawdown (400d)	-21.5%	-30.7%
Risk-adjusted return (90d)	0.10	0.06

Relative strength over 90 days: METAC outperformed CRCLON by 25.4% — measured on the METAC/CRCLON ratio, so it holds regardless of market direction.

Meta (Coinbase Tokenized Stock) →Circle Internet Group (Ondo Tokenized Stock) →