SoFi Technologies (Ondo Tokenized Stock) vs Circle Internet Group (Ondo Tokenized Stock)

Circle Internet Group (Ondo Tokenized Stock) (CRCLON) is 7.3× the size of SoFi Technologies (Ondo Tokenized Stock) (SOFION) by market capitalisation. Their daily returns move barely together (correlation 0.32 across 43 shared trading days). CRCLON has been the more volatile of the two, at 98% annualised against SOFION's 60%.

Correlation: 0.32
Size ratio: 1 : 7.3

SoFi Technologies (Ondo Tokenized Stock)SOFION

$16.4900

24h: -1.08%
Market cap: $12.39M
Volume 24h: $235,455
Volatility (ann.): 60%

Circle Internet Group (Ondo Tokenized Stock)CRCLON

$76.3200

24h: +0.13%
Market cap: $89.82M
Volume 24h: $1.67M
Volatility (ann.): 98%

SOFION 12.1%Share of the two combined market caps87.9% CRCLON

Performance

SOFIONCRCLON

7 days+15.28%-6.27%SOFION
30 days-7.25%-16.67%SOFION
90 days-4.99%——

Correlation

0.32over 43 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2190d: 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	SOFION	CRCLON
Max drawdown (400d)	-45.1%	-30.7%
Risk-adjusted return (90d)	-0.08	0.06

Relative strength over 90 days: CRCLON outperformed SOFION by 10.8% — measured on the SOFION/CRCLON ratio, so it holds regardless of market direction.

SoFi Technologies (Ondo Tokenized Stock) →Circle Internet Group (Ondo Tokenized Stock) →