Wendy's (ST0x Tokenized Stock) vs Circle Internet Group (Ondo Tokenized Stock)

Circle Internet Group (Ondo Tokenized Stock) (CRCLON) is 7177.7× the size of Wendy's (ST0x Tokenized Stock) (WTWEN) by market capitalisation. Over the past 30 days, WTWEN is ahead by 59.9 percentage points (WTWEN +29.6% against CRCLON -30.3%). Their daily returns move barely in opposite directions (correlation -0.10 across 21 shared trading days). CRCLON has been the more volatile of the two, at 100% annualised against WTWEN's 79%.

Correlation: -0.10
Size ratio: 1 : 7177.7
Ahead over 30 days: WTWEN

Wendy's (ST0x Tokenized Stock)WTWEN

$7.9700

24h: +5.62%
Market cap: $11,397
Volume 24h: $4,210
Volatility (ann.): 79%

Circle Internet Group (Ondo Tokenized Stock)CRCLON

$69.3200

24h: -7.17%
Market cap: $81.80M
Volume 24h: $1.16M
Volatility (ann.): 100%

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

Performance

WTWENCRCLON

7 days+11.62%-11.43%WTWEN
30 days+29.59%-30.30%WTWEN

Correlation

-0.10over 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	WTWEN	CRCLON
Max drawdown (400d)	-9.3%	-34.9%
Risk-adjusted return (90d)	0.35	-0.05

Relative strength over 90 days: WTWEN outperformed CRCLON by 40.3% — measured on the WTWEN/CRCLON ratio, so it holds regardless of market direction.

Wendy's (ST0x Tokenized Stock) →Circle Internet Group (Ondo Tokenized Stock) →