Figma, Inc. • Robinhood Token vs Circle Internet Group (Ondo Tokenized Stock)

Circle Internet Group (Ondo Tokenized Stock) (CRCLON) is 595.1× the size of Figma, Inc. • Robinhood Token (FIG) by market capitalisation. Over the past 30 days, FIG is ahead by 9.5 percentage points (FIG -6.4% against CRCLON -15.9%). Their daily returns move barely in opposite directions (correlation -0.13 across 28 shared trading days). CRCLON has been the more volatile of the two, at 97% annualised against FIG's 65%.

Correlation: -0.13
Size ratio: 1 : 595.1
Ahead over 30 days: FIG

Figma, Inc. • Robinhood TokenFIG

$21.2200

24h: +1.82%
Market cap: $148,789
Volume 24h: $79,238
Volatility (ann.): 65%

Circle Internet Group (Ondo Tokenized Stock)CRCLON

$75.2100

24h: +1.02%
Market cap: $88.55M
Volume 24h: $1.61M
Volatility (ann.): 97%

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

Performance

FIGCRCLON

7 days+1.38%-5.63%FIG
30 days-6.39%-15.88%FIG

Correlation

-0.13over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.1390d: 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	FIG	CRCLON
Max drawdown (400d)	-27.4%	-30.7%
Risk-adjusted return (90d)	-0.35	0.06

Relative strength over 90 days: CRCLON outperformed FIG by 9.4% — measured on the FIG/CRCLON ratio, so it holds regardless of market direction.

Figma, Inc. • Robinhood Token →Circle Internet Group (Ondo Tokenized Stock) →