MicroStrategy Incorporated ST0x vs Circle Internet Group (Ondo Tokenized Stock)

Circle Internet Group (Ondo Tokenized Stock) (CRCLON) is 3210.5× the size of MicroStrategy Incorporated ST0x (WTMSTR) by market capitalisation. Over the past 30 days, WTMSTR is ahead by 8.9 percentage points (WTMSTR -21.4% against CRCLON -30.3%). Their daily returns move barely together (correlation 0.00 across 23 shared trading days). WTMSTR has been the more volatile of the two, at 67628443% annualised against CRCLON's 100%.

Correlation: 0.00
Size ratio: 1 : 3210.5
Ahead over 30 days: WTMSTR

MicroStrategy Incorporated ST0xWTMSTR

$129.1500

24h: -10.26%
Market cap: $25,091
Volume 24h: $18,084
Volatility (ann.): 67628443%

Circle Internet Group (Ondo Tokenized Stock)CRCLON

$68.2600

24h: -9.59%
Market cap: $80.55M
Volume 24h: $1.33M
Volatility (ann.): 100%

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

Performance

WTMSTRCRCLON

7 days-8.20%-11.43%WTMSTR
30 days-21.42%-30.30%WTMSTR

Correlation

0.00over 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	WTMSTR	CRCLON
Max drawdown (400d)	-100.0%	-34.9%
Risk-adjusted return (90d)	0.00	-0.05

Relative strength over 90 days: WTMSTR outperformed CRCLON by 2.2% — measured on the WTMSTR/CRCLON ratio, so it holds regardless of market direction.

MicroStrategy Incorporated ST0x →Circle Internet Group (Ondo Tokenized Stock) →