Clover Health Investments, Corp. • Robinhood Token vs Circle Internet Group (Ondo Tokenized Stock)

Circle Internet Group (Ondo Tokenized Stock) (CRCLON) is 7775.9× the size of Clover Health Investments, Corp. • Robinhood Token (CLOV) by market capitalisation. Over the past 30 days, CLOV is ahead by 20.3 percentage points (CLOV +4.4% against CRCLON -15.9%). Their daily returns move barely together (correlation 0.04 across 20 shared trading days). CRCLON has been the more volatile of the two, at 97% annualised against CLOV's 53%.

Correlation: 0.04
Size ratio: 1 : 7775.9
Ahead over 30 days: CLOV

Clover Health Investments, Corp. • Robinhood TokenCLOV

$4.7300

24h: +8.11%
Market cap: $10,115
Volume 24h: $1,034
Volatility (ann.): 53%

Circle Internet Group (Ondo Tokenized Stock)CRCLON

$66.7400

24h: -12.80%
Market cap: $78.65M
Volume 24h: $1.20M
Volatility (ann.): 97%

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

Performance

CLOVCRCLON

7 days-1.09%-5.63%CLOV
30 days+4.38%-15.88%CLOV

Correlation

0.04over 20 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	CLOV	CRCLON
Max drawdown (400d)	-13.2%	-30.7%
Risk-adjusted return (90d)	0.07	0.06

Relative strength over 90 days: CRCLON outperformed CLOV by 5.1% — measured on the CLOV/CRCLON ratio, so it holds regardless of market direction.

Clover Health Investments, Corp. • Robinhood Token →Circle Internet Group (Ondo Tokenized Stock) →