Vertiv (Ondo Tokenized) vs Circle Internet Group (Ondo Tokenized Stock)

Circle Internet Group (Ondo Tokenized Stock) (CRCLON) is 75.6× the size of Vertiv (Ondo Tokenized) (VRTON) by market capitalisation. Their daily returns move barely together (correlation 0.13 across 35 shared trading days). CRCLON has been the more volatile of the two, at 98% annualised against VRTON's 65%.

Correlation: 0.13
Size ratio: 1 : 75.6

Vertiv (Ondo Tokenized)VRTON

$229.5500

24h: +1.21%
Market cap: $1.16M
Volume 24h: $1.11M
Volatility (ann.): 65%

Circle Internet Group (Ondo Tokenized Stock)CRCLON

$74.3200

24h: +2.18%
Market cap: $87.59M
Volume 24h: $1.03M
Volatility (ann.): 98%

VRTON 1.3%Share of the two combined market caps98.7% CRCLON

Performance

VRTONCRCLON

7 days-2.62%-6.27%VRTON
30 days-4.89%-16.67%VRTON
90 days-26.51%——

Correlation

0.13over 35 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1890d: 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	VRTON	CRCLON
Max drawdown (400d)	-40.2%	-30.7%
Risk-adjusted return (90d)	-0.38	0.06

Relative strength over 90 days: CRCLON outperformed VRTON by 23.6% — measured on the VRTON/CRCLON ratio, so it holds regardless of market direction.

Vertiv (Ondo Tokenized) →Circle Internet Group (Ondo Tokenized Stock) →