Micron Technology (Ondo Tokenized Stock) vs Circle Internet Group (Ondo Tokenized Stock)

Circle Internet Group (Ondo Tokenized Stock) (CRCLON) is 2.7× the size of Micron Technology (Ondo Tokenized Stock) (MUON) by market capitalisation. Over the past 30 days, MUON is ahead by 6.0 percentage points (MUON -10.6% against CRCLON -16.7%). Their daily returns move barely together (correlation 0.31 across 48 shared trading days). CRCLON has been the more volatile of the two, at 98% annualised against MUON's 73%.

Correlation: 0.31
Size ratio: 1 : 2.7
Ahead over 30 days: MUON

Micron Technology (Ondo Tokenized Stock)MUON

$865.3100

24h: +0.84%
Market cap: $33.54M
Volume 24h: $3.57M
Volatility (ann.): 73%

Circle Internet Group (Ondo Tokenized Stock)CRCLON

$75.5900

24h: +4.73%
Market cap: $89.29M
Volume 24h: $678,972
Volatility (ann.): 98%

MUON 27.3%Share of the two combined market caps72.7% CRCLON

Performance

MUONCRCLON

7 days-5.85%-6.27%MUON
30 days-10.63%-16.67%MUON

Correlation

0.31over 48 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3690d: 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	MUON	CRCLON
Max drawdown (400d)	-22.6%	-30.7%
Risk-adjusted return (90d)	-0.13	0.06

Relative strength over 90 days: MUON outperformed CRCLON by 4.7% — measured on the MUON/CRCLON ratio, so it holds regardless of market direction.

Micron Technology (Ondo Tokenized Stock) →Circle Internet Group (Ondo Tokenized Stock) →