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

Circle Internet Group (Ondo Tokenized Stock) (CRCLON) is 158.0× the size of Dell • Robinhood Token (DELL) by market capitalisation. Over the past 30 days, CRCLON is ahead by 4.0 percentage points (DELL -20.7% against CRCLON -16.7%). Their daily returns move barely together (correlation 0.16 across 28 shared trading days). CRCLON has been the more volatile of the two, at 98% annualised against DELL's 78%.

Correlation: 0.16
Size ratio: 1 : 158.0
Ahead over 30 days: CRCLON

Dell • Robinhood TokenDELL

$399.9600

24h: +1.45%
Market cap: $568,476
Volume 24h: $121,213
Volatility (ann.): 78%

Circle Internet Group (Ondo Tokenized Stock)CRCLON

$76.1200

24h: +5.01%
Market cap: $89.79M
Volume 24h: $697,234
Volatility (ann.): 98%

DELL 0.6%Share of the two combined market caps99.4% CRCLON

Performance

DELLCRCLON

7 days-22.76%-6.27%CRCLON
30 days-20.66%-16.67%CRCLON

Correlation

0.16over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1690d: 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	DELL	CRCLON
Max drawdown (400d)	-28.9%	-30.7%
Risk-adjusted return (90d)	-0.07	0.06

Relative strength over 90 days: DELL outperformed CRCLON by 11.0% — measured on the DELL/CRCLON ratio, so it holds regardless of market direction.

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