ASML Holding NV • Robinhood Token vs Circle Internet Group (Ondo Tokenized Stock)

Circle Internet Group (Ondo Tokenized Stock) (CRCLON) is 653.2× the size of ASML Holding NV • Robinhood Token (ASML) by market capitalisation. Over the past 30 days, ASML is ahead by 3.1 percentage points (ASML -12.7% against CRCLON -15.9%). Their daily returns move barely together (correlation 0.04 across 29 shared trading days). CRCLON has been the more volatile of the two, at 97% annualised against ASML's 53%.

Correlation: 0.04
Size ratio: 1 : 653.2
Ahead over 30 days: ASML

ASML Holding NV • Robinhood TokenASML

$1,472.32

24h: -3.27%
Market cap: $135,903
Volume 24h: $16,033
Volatility (ann.): 53%

Circle Internet Group (Ondo Tokenized Stock)CRCLON

$75.4000

24h: -0.93%
Market cap: $88.78M
Volume 24h: $1.59M
Volatility (ann.): 97%

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

Performance

ASMLCRCLON

7 days-9.50%-5.63%CRCLON
30 days-12.74%-15.88%ASML

Correlation

0.04over 29 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0490d: 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	ASML	CRCLON
Max drawdown (400d)	-18.1%	-30.7%
Risk-adjusted return (90d)	-0.18	0.06

Relative strength over 90 days: ASML outperformed CRCLON by 6.2% — measured on the ASML/CRCLON ratio, so it holds regardless of market direction.

ASML Holding NV • Robinhood Token →Circle Internet Group (Ondo Tokenized Stock) →