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

Circle Internet Group (Ondo Tokenized Stock) (CRCLON) is 49.1× the size of Microsoft • Robinhood Token (MSFT) by market capitalisation. Over the past 30 days, MSFT is ahead by 21.0 percentage points (MSFT +4.3% against CRCLON -16.7%). Their daily returns move loosely together (correlation 0.52 across 30 shared trading days). CRCLON has been the more volatile of the two, at 98% annualised against MSFT's 27%.

Correlation: 0.52
Size ratio: 1 : 49.1
Ahead over 30 days: MSFT

Microsoft • Robinhood TokenMSFT

$512.1100

24h: +0.69%
Market cap: $1.82M
Volume 24h: $844,955
Volatility (ann.): 27%

Circle Internet Group (Ondo Tokenized Stock)CRCLON

$75.5900

24h: +4.73%
Market cap: $89.29M
Volume 24h: $678,972
Volatility (ann.): 98%

MSFT 2.0%Share of the two combined market caps98.0% CRCLON

Performance

MSFTCRCLON

7 days+3.01%-6.27%MSFT
30 days+4.32%-16.67%MSFT

Correlation

0.52over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.5290d: 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	MSFT	CRCLON
Max drawdown (400d)	-5.0%	-30.7%
Risk-adjusted return (90d)	0.07	0.06

Relative strength over 90 days: MSFT outperformed CRCLON by 26.0% — measured on the MSFT/CRCLON ratio, so it holds regardless of market direction.

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