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

Circle Internet Group (Ondo Tokenized Stock) (CRCLON) is 37.8× the size of Visa (Ondo Tokenized Stock) (VON) by market capitalisation. Over the past 30 days, VON is ahead by 12.9 percentage points (VON -3.8% against CRCLON -16.7%). Their daily returns move barely together (correlation 0.27 across 23 shared trading days). CRCLON has been the more volatile of the two, at 98% annualised against VON's 56%.

Correlation: 0.27
Size ratio: 1 : 37.8
Ahead over 30 days: VON

Visa (Ondo Tokenized Stock)VON

$421.6900

24h: -1.30%
Market cap: $2.30M
Volume 24h: $1,517
Volatility (ann.): 56%

Circle Internet Group (Ondo Tokenized Stock)CRCLON

$73.7900

24h: +1.32%
Market cap: $86.85M
Volume 24h: $1.01M
Volatility (ann.): 98%

VON 2.6%Share of the two combined market caps97.4% CRCLON

Performance

VONCRCLON

7 days+1.92%-6.27%VON
30 days-3.78%-16.67%VON

Correlation

0.27over 23 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	VON	CRCLON
Max drawdown (400d)	-13.1%	-30.7%
Risk-adjusted return (90d)	-0.07	0.06

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

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