Vida Global xStock vs Circle Internet Group (Ondo Tokenized Stock)

Circle Internet Group (Ondo Tokenized Stock) (CRCLON) is 434.0× the size of Vida Global xStock (VIDAX) by market capitalisation. Over the past 30 days, CRCLON is ahead by 16.0 percentage points (VIDAX -31.8% against CRCLON -15.9%). Their daily returns move barely together (correlation 0.29 across 21 shared trading days). VIDAX has been the more volatile of the two, at 127% annualised against CRCLON's 97%.

Correlation: 0.29
Size ratio: 1 : 434.0
Ahead over 30 days: CRCLON

Vida Global xStockVIDAX

$0.871316

24h: -4.43%
Market cap: $204,025
Volume 24h: $5,035
Volatility (ann.): 127%

Circle Internet Group (Ondo Tokenized Stock)CRCLON

$75.2100

24h: +1.02%
Market cap: $88.55M
Volume 24h: $1.61M
Volatility (ann.): 97%

VIDAX 0.2%Share of the two combined market caps99.8% CRCLON

Performance

VIDAXCRCLON

7 days-2.34%-5.63%VIDAX
30 days-31.84%-15.88%CRCLON

Correlation

0.29over 21 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	VIDAX	CRCLON
Max drawdown (400d)	-35.9%	-30.7%
Risk-adjusted return (90d)	-0.25	0.06

Relative strength over 90 days: CRCLON outperformed VIDAX by 30.1% — measured on the VIDAX/CRCLON ratio, so it holds regardless of market direction.

Vida Global xStock →Circle Internet Group (Ondo Tokenized Stock) →