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

Circle Internet Group (Ondo Tokenized Stock) (CRCLON) is 33.0× the size of GameStop • Robinhood Token (GME) by market capitalisation. Over the past 30 days, GME is ahead by 44.9 percentage points (GME +28.2% against CRCLON -16.7%). Their daily returns move barely together (correlation 0.08 across 32 shared trading days). CRCLON has been the more volatile of the two, at 98% annualised against GME's 43%.

Correlation: 0.08
Size ratio: 1 : 33.0
Ahead over 30 days: GME

GameStop • Robinhood TokenGME

$23.9900

24h: -0.62%
Market cap: $2.65M
Volume 24h: $533,076
Volatility (ann.): 43%

Circle Internet Group (Ondo Tokenized Stock)CRCLON

$74.3200

24h: +2.18%
Market cap: $87.59M
Volume 24h: $1.03M
Volatility (ann.): 98%

GME 2.9%Share of the two combined market caps97.1% CRCLON

Performance

GMECRCLON

7 days+2.66%-6.27%GME
30 days+28.21%-16.67%GME

Correlation

0.08over 32 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1490d: 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	GME	CRCLON
Max drawdown (400d)	-6.5%	-30.7%
Risk-adjusted return (90d)	0.70	0.06

Relative strength over 90 days: GME outperformed CRCLON by 52.8% — measured on the GME/CRCLON ratio, so it holds regardless of market direction.

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