SpaceX (ST0x Tokenized Stock) vs Circle Internet Group (Ondo Tokenized Stock)

Circle Internet Group (Ondo Tokenized Stock) (CRCLON) is 7329.8× the size of SpaceX (ST0x Tokenized Stock) (WTSPCX) by market capitalisation. Over the past 30 days, CRCLON is ahead by 4.9 percentage points (WTSPCX -20.8% against CRCLON -15.9%). Their daily returns move barely together (correlation 0.29 across 22 shared trading days). CRCLON has been the more volatile of the two, at 97% annualised against WTSPCX's 79%.

Correlation: 0.29
Size ratio: 1 : 7329.8
Ahead over 30 days: CRCLON

SpaceX (ST0x Tokenized Stock)WTSPCX

$134.3200

24h: -2.02%
Market cap: $10,730
Volume 24h: $508
Volatility (ann.): 79%

Circle Internet Group (Ondo Tokenized Stock)CRCLON

$66.7400

24h: -12.80%
Market cap: $78.65M
Volume 24h: $1.20M
Volatility (ann.): 97%

WTSPCX 0.0%Share of the two combined market caps100.0% CRCLON

Performance

WTSPCXCRCLON

7 days-6.13%-5.63%CRCLON
30 days-20.77%-15.88%CRCLON

Correlation

0.29over 22 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	WTSPCX	CRCLON
Max drawdown (400d)	-21.3%	-30.7%
Risk-adjusted return (90d)	-0.12	0.06

Relative strength over 90 days: CRCLON outperformed WTSPCX by 11.2% — measured on the WTSPCX/CRCLON ratio, so it holds regardless of market direction.

SpaceX (ST0x Tokenized Stock) →Circle Internet Group (Ondo Tokenized Stock) →