Tootsie Roll Industries (ST0x Tokenized Stock) vs Circle Internet Group (Ondo Tokenized Stock)

Circle Internet Group (Ondo Tokenized Stock) (CRCLON) is 3747.5× the size of Tootsie Roll Industries (ST0x Tokenized Stock) (WTTR) by market capitalisation. Over the past 30 days, WTTR is ahead by 18.1 percentage points (WTTR +2.2% against CRCLON -15.9%). Their daily returns move barely in opposite directions (correlation -0.06 across 20 shared trading days). CRCLON has been the more volatile of the two, at 97% annualised against WTTR's 33%.

Correlation: -0.06
Size ratio: 1 : 3747.5
Ahead over 30 days: WTTR

Tootsie Roll Industries (ST0x Tokenized Stock)WTTR

$38.8000

24h: +1.78%
Market cap: $21,266
Volume 24h: $1,298
Volatility (ann.): 33%

Circle Internet Group (Ondo Tokenized Stock)CRCLON

$67.5400

24h: -12.28%
Market cap: $79.69M
Volume 24h: $1.23M
Volatility (ann.): 97%

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

Performance

WTTRCRCLON

7 days+9.69%-5.63%WTTR
30 days+2.24%-15.88%WTTR

Correlation

-0.06over 20 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	WTTR	CRCLON
Max drawdown (400d)	-11.4%	-30.7%
Risk-adjusted return (90d)	0.10	0.06

Relative strength over 90 days: WTTR outperformed CRCLON by 3.1% — measured on the WTTR/CRCLON ratio, so it holds regardless of market direction.

Tootsie Roll Industries (ST0x Tokenized Stock) →Circle Internet Group (Ondo Tokenized Stock) →