Oracle xStock vs Circle Internet Group (Ondo Tokenized Stock)

Circle Internet Group (Ondo Tokenized Stock) (CRCLON) is 20.1× the size of Oracle xStock (ORCLX) by market capitalisation. Over the past 30 days, CRCLON is ahead by 9.2 percentage points (ORCLX -25.8% against CRCLON -16.7%). Their daily returns move barely together (correlation 0.26 across 30 shared trading days). CRCLON has been the more volatile of the two, at 98% annualised against ORCLX's 74%.

Correlation: 0.26
Size ratio: 1 : 20.1
Ahead over 30 days: CRCLON

Oracle xStockORCLX

$123.0400

24h: +2.16%
Market cap: $4.46M
Volume 24h: $23,261
Volatility (ann.): 74%

Circle Internet Group (Ondo Tokenized Stock)CRCLON

$76.1500

24h: +0.57%
Market cap: $89.63M
Volume 24h: $1.66M
Volatility (ann.): 98%

ORCLX 4.7%Share of the two combined market caps95.3% CRCLON

Performance

ORCLXCRCLON

7 days-11.02%-6.27%CRCLON
30 days-25.83%-16.67%CRCLON

Correlation

0.26over 30 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	ORCLX	CRCLON
Max drawdown (400d)	-26.5%	-30.7%
Risk-adjusted return (90d)	-0.29	0.06

Relative strength over 90 days: CRCLON outperformed ORCLX by 2.6% — measured on the ORCLX/CRCLON ratio, so it holds regardless of market direction.

Oracle xStock →Circle Internet Group (Ondo Tokenized Stock) →