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

Circle Internet Group (Ondo Tokenized Stock) (CRCLON) is 88.9× the size of Netflix (Ondo Tokenized Stock) (NFLXON) by market capitalisation. Their daily returns move loosely together (correlation 0.39 across 36 shared trading days). CRCLON has been the more volatile of the two, at 100% annualised against NFLXON's 38%.

Correlation: 0.39
Size ratio: 1 : 88.9

Netflix (Ondo Tokenized Stock)NFLXON

$665.5500

24h: +5.96%
Market cap: $911,655
Volume 24h: $1.38M
Volatility (ann.): 38%

Circle Internet Group (Ondo Tokenized Stock)CRCLON

$68.6900

24h: -8.96%
Market cap: $81.03M
Volume 24h: $1.32M
Volatility (ann.): 100%

NFLXON 1.1%Share of the two combined market caps98.9% CRCLON

Performance

NFLXONCRCLON

7 days-12.40%-11.43%CRCLON
30 days-22.71%-30.30%NFLXON
90 days-19.56%——
1 year-45.63%——

Correlation

0.39over 36 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	NFLXON	CRCLON
Max drawdown (400d)	-49.8%	-34.9%
Risk-adjusted return (90d)	-0.46	-0.05

Relative strength over 90 days: CRCLON outperformed NFLXON by 24.3% — measured on the NFLXON/CRCLON ratio, so it holds regardless of market direction.

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