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

Circle Internet Group (Ondo Tokenized Stock) (CRCLON) is 168.8× the size of Reddit (Ondo Tokenized Stock) (RDDTON) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.35 across 37 shared trading days). CRCLON has been the more volatile of the two, at 98% annualised against RDDTON's 72%.

Correlation: -0.35
Size ratio: 1 : 168.8

Reddit (Ondo Tokenized Stock)RDDTON

$94.1200

24h: +2.89%
Market cap: $514,507
Volume 24h: $436,290
Volatility (ann.): 72%

Circle Internet Group (Ondo Tokenized Stock)CRCLON

$73.7900

24h: +1.32%
Market cap: $86.85M
Volume 24h: $1.01M
Volatility (ann.): 98%

RDDTON 0.6%Share of the two combined market caps99.4% CRCLON

Performance

RDDTONCRCLON

7 days+21.39%-6.27%RDDTON
30 days+24.60%-16.67%RDDTON
90 days-4.55%——
1 year-9.55%——

Correlation

-0.35over 37 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.3390d: 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	RDDTON	CRCLON
Max drawdown (400d)	-53.3%	-30.7%
Risk-adjusted return (90d)	-0.05	0.06

Relative strength over 90 days: RDDTON outperformed CRCLON by 15.3% — measured on the RDDTON/CRCLON ratio, so it holds regardless of market direction.

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