State Street SPDR S&P 500 ETF Trust (Dinari Tokenized ETF) vs iShares Core S&P 500 ETF (Ondo Tokenized ETF)

iShares Core S&P 500 ETF (Ondo Tokenized ETF) (IVVON) is 183.7× the size of State Street SPDR S&P 500 ETF Trust (Dinari Tokenized ETF) (SPY) by market capitalisation. Over the past 30 days, SPY is ahead by 3.3 percentage points (SPY -0.4% against IVVON -3.7%). IVVON has been the more volatile of the two, at 71% annualised against SPY's 10%.

Size ratio: 1 : 183.7
Ahead over 30 days: SPY

State Street SPDR S&P 500 ETF Trust (Dinari Tokenized ETF)SPY

$734.5300

24h: -4.19%
Market cap: $316,018
Volume 24h: $1,248
Volatility (ann.): 10%

iShares Core S&P 500 ETF (Ondo Tokenized ETF)IVVON

$746.7100

24h: -4.00%
Market cap: $58.05M
Volume 24h: $4,678
Volatility (ann.): 71%

SPY 0.5%Share of the two combined market caps99.5% IVVON

Performance

SPYIVVON

7 days-0.20%-4.83%SPY
30 days-0.38%-3.71%SPY

Risk & extremes

Metric	SPY	IVVON
Max drawdown (400d)	-2.4%	-15.7%
Risk-adjusted return (90d)	-0.04	-0.07

Relative strength over 90 days: IVVON outperformed SPY by 0.3% — measured on the SPY/IVVON ratio, so it holds regardless of market direction.

State Street SPDR S&P 500 ETF Trust (Dinari Tokenized ETF) →iShares Core S&P 500 ETF (Ondo Tokenized ETF) →