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

Circle Internet Group (Ondo Tokenized Stock) (CRCLON) is 2.6× the size of NVIDIA (Ondo Tokenized Stock) (NVDAON) by market capitalisation. Over the past 30 days, NVDAON is ahead by 12.4 percentage points (NVDAON -4.3% against CRCLON -16.7%). Their daily returns move loosely together (correlation 0.42 across 48 shared trading days). CRCLON has been the more volatile of the two, at 98% annualised against NVDAON's 44%.

Correlation: 0.42
Size ratio: 1 : 2.6
Ahead over 30 days: NVDAON

NVIDIA (Ondo Tokenized Stock)NVDAON

$208.1400

24h: +2.14%
Market cap: $33.91M
Volume 24h: $1.22M
Volatility (ann.): 44%

Circle Internet Group (Ondo Tokenized Stock)CRCLON

$75.5400

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

NVDAON 27.5%Share of the two combined market caps72.5% CRCLON

Performance

NVDAONCRCLON

7 days-3.53%-6.27%NVDAON
30 days-4.25%-16.67%NVDAON

Correlation

0.42over 48 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2690d: 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	NVDAON	CRCLON
Max drawdown (400d)	-12.1%	-30.7%
Risk-adjusted return (90d)	-0.07	0.06

Relative strength over 90 days: NVDAON outperformed CRCLON by 12.0% — measured on the NVDAON/CRCLON ratio, so it holds regardless of market direction.

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