Apple • Robinhood Token vs Circle Internet Group (Ondo Tokenized Stock)

Circle Internet Group (Ondo Tokenized Stock) (CRCLON) is 21.2× the size of Apple • Robinhood Token (AAPL) by market capitalisation. Over the past 30 days, AAPL is ahead by 19.4 percentage points (AAPL +2.8% against CRCLON -16.7%). Their daily returns move barely in opposite directions (correlation -0.00 across 32 shared trading days). CRCLON has been the more volatile of the two, at 98% annualised against AAPL's 23%.

Correlation: -0.00
Size ratio: 1 : 21.2
Ahead over 30 days: AAPL

Apple • Robinhood TokenAAPL

$328.0500

24h: -0.19%
Market cap: $4.10M
Volume 24h: $12.30M
Volatility (ann.): 23%

Circle Internet Group (Ondo Tokenized Stock)CRCLON

$73.7900

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

AAPL 4.5%Share of the two combined market caps95.5% CRCLON

Performance

AAPLCRCLON

7 days-4.57%-6.27%AAPL
30 days+2.77%-16.67%AAPL

Correlation

-0.00over 32 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0190d: 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	AAPL	CRCLON
Max drawdown (400d)	-4.8%	-30.7%
Risk-adjusted return (90d)	0.14	0.06

Relative strength over 90 days: AAPL outperformed CRCLON by 19.7% — measured on the AAPL/CRCLON ratio, so it holds regardless of market direction.

Apple • Robinhood Token →Circle Internet Group (Ondo Tokenized Stock) →