e.l.f. Beauty • Robinhood Token vs Circle Internet Group (Ondo Tokenized Stock)

Circle Internet Group (Ondo Tokenized Stock) (CRCLON) is 12041.3× the size of e.l.f. Beauty • Robinhood Token (ELF) by market capitalisation. Over the past 30 days, ELF is ahead by 38.4 percentage points (ELF +8.1% against CRCLON -30.3%). Their daily returns move loosely together (correlation 0.42 across 22 shared trading days). CRCLON has been the more volatile of the two, at 100% annualised against ELF's 50%.

Correlation: 0.42
Size ratio: 1 : 12041.3
Ahead over 30 days: ELF

e.l.f. Beauty • Robinhood TokenELF

$109.6800

24h: -7.51%
Market cap: $6,703
Volume 24h: $6,579
Volatility (ann.): 50%

Circle Internet Group (Ondo Tokenized Stock)CRCLON

$68.3800

24h: -9.62%
Market cap: $80.71M
Volume 24h: $1.14M
Volatility (ann.): 100%

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

Performance

ELFCRCLON

7 days-2.38%-11.43%ELF
30 days+8.13%-30.30%ELF

Correlation

0.42over 22 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	ELF	CRCLON
Max drawdown (400d)	-8.9%	-34.9%
Risk-adjusted return (90d)	0.14	-0.05

Relative strength over 90 days: ELF outperformed CRCLON by 15.6% — measured on the ELF/CRCLON ratio, so it holds regardless of market direction.

e.l.f. Beauty • Robinhood Token →Circle Internet Group (Ondo Tokenized Stock) →