SpaceX Tokenized Stock (Reality) vs Circle Internet Group (Ondo Tokenized Stock)

Circle Internet Group (Ondo Tokenized Stock) (CRCLON) is 5.3× the size of SpaceX Tokenized Stock (Reality) (RSPCX) by market capitalisation. Over the past 30 days, RSPCX is ahead by 8.4 percentage points (RSPCX -8.3% against CRCLON -16.7%). Their daily returns move loosely together (correlation 0.38 across 34 shared trading days). CRCLON has been the more volatile of the two, at 98% annualised against RSPCX's 42%.

Correlation: 0.38
Size ratio: 1 : 5.3
Ahead over 30 days: RSPCX

SpaceX Tokenized Stock (Reality)RSPCX

$136.0200

24h: -0.98%
Market cap: $16.38M
Volume 24h: $881,249
Volatility (ann.): 42%

Circle Internet Group (Ondo Tokenized Stock)CRCLON

$73.2400

24h: +0.61%
Market cap: $86.22M
Volume 24h: $993,994
Volatility (ann.): 98%

RSPCX 16.0%Share of the two combined market caps84.0% CRCLON

Performance

RSPCXCRCLON

7 days-5.71%-6.27%RSPCX
30 days-8.27%-16.67%RSPCX

Correlation

0.38over 34 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3490d: 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	RSPCX	CRCLON
Max drawdown (400d)	-12.1%	-30.7%
Risk-adjusted return (90d)	0.02	0.06

Relative strength over 90 days: RSPCX outperformed CRCLON by 17.1% — measured on the RSPCX/CRCLON ratio, so it holds regardless of market direction.

SpaceX Tokenized Stock (Reality) →Circle Internet Group (Ondo Tokenized Stock) →