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

Circle Internet Group (Ondo Tokenized Stock) (CRCLON) is 8.4× the size of Circle Internet Group • Robinhood Token (CRCL) by market capitalisation. Over the past 30 days, CRCLON is ahead by 5.2 percentage points (CRCL -21.9% against CRCLON -16.7%). Their daily returns move very closely together (correlation 0.98 across 34 shared trading days). Both have run at a similar volatility, around 96% annualised.

Correlation: 0.98
Size ratio: 1 : 8.4
Ahead over 30 days: CRCLON

Circle Internet Group • Robinhood TokenCRCL

$73.9200

24h: +2.48%
Market cap: $10.61M
Volume 24h: $2.13M
Volatility (ann.): 93%

Circle Internet Group (Ondo Tokenized Stock)CRCLON

$75.5400

24h: +5.60%
Market cap: $89.21M
Volume 24h: $693,303
Volatility (ann.): 98%

CRCL 10.6%Share of the two combined market caps89.4% CRCLON

Performance

CRCLCRCLON

7 days-6.97%-6.27%CRCLON
30 days-21.88%-16.67%CRCLON

Correlation

0.98over 34 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.9790d: 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	CRCL	CRCLON
Max drawdown (400d)	-30.8%	-30.7%
Risk-adjusted return (90d)	-0.15	0.06

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

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