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

Circle Internet Group (Ondo Tokenized Stock) (CRCLON) is 148.5× the size of Micron Technology • Robinhood Token (MU) by market capitalisation. Over the past 30 days, MU is ahead by 1.4 percentage points (MU -15.3% against CRCLON -16.7%). Their daily returns move barely together (correlation 0.31 across 30 shared trading days). CRCLON has been the more volatile of the two, at 98% annualised against MU's 70%.

Correlation: 0.31
Size ratio: 1 : 148.5
Ahead over 30 days: MU

Micron Technology • Robinhood TokenMU

$840.5900

24h: -0.51%
Market cap: $600,625
Volume 24h: $4.62M
Volatility (ann.): 70%

Circle Internet Group (Ondo Tokenized Stock)CRCLON

$75.5400

24h: +5.60%
Market cap: $89.21M
Volume 24h: $693,303
Volatility (ann.): 98%

MU 0.7%Share of the two combined market caps99.3% CRCLON

Performance

MUCRCLON

7 days-7.91%-6.27%CRCLON
30 days-15.26%-16.67%MU

Correlation

0.31over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3190d: 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	MU	CRCLON
Max drawdown (400d)	-22.5%	-30.7%
Risk-adjusted return (90d)	-0.16	0.06

Relative strength over 90 days: MU outperformed CRCLON by 12.0% — measured on the MU/CRCLON ratio, so it holds regardless of market direction.

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