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

Circle Internet Group (Ondo Tokenized Stock) (CRCLON) is 13.6× the size of NVIDIA (Coinbase Tokenized Stock) (NVDAC) by market capitalisation. Over the past 30 days, NVDAC is ahead by 8.6 percentage points (NVDAC -8.1% against CRCLON -16.7%). Their daily returns move loosely together (correlation 0.46 across 32 shared trading days). CRCLON has been the more volatile of the two, at 98% annualised against NVDAC's 33%.

Correlation: 0.46
Size ratio: 1 : 13.6
Ahead over 30 days: NVDAC

NVIDIA (Coinbase Tokenized Stock)NVDAC

$204.4000

24h: -0.05%
Market cap: $6.58M
Volume 24h: $9.44M
Volatility (ann.): 33%

Circle Internet Group (Ondo Tokenized Stock)CRCLON

$75.5400

24h: +5.60%
Market cap: $89.21M
Volume 24h: $693,303
Volatility (ann.): 98%

NVDAC 6.9%Share of the two combined market caps93.1% CRCLON

Performance

NVDACCRCLON

7 days-4.94%-6.27%NVDAC
30 days-8.10%-16.67%NVDAC

Correlation

0.46over 32 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4690d: 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	NVDAC	CRCLON
Max drawdown (400d)	-12.6%	-30.7%
Risk-adjusted return (90d)	-0.17	0.06

Relative strength over 90 days: NVDAC outperformed CRCLON by 11.4% — measured on the NVDAC/CRCLON ratio, so it holds regardless of market direction.

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