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

Circle Internet Group (Ondo Tokenized Stock) (CRCLON) is 147.6× the size of Netflix • Robinhood Token (NFLX) by market capitalisation. Over the past 30 days, CRCLON is ahead by 4.1 percentage points (NFLX -20.8% against CRCLON -16.7%). Their daily returns move barely together (correlation 0.27 across 28 shared trading days). CRCLON has been the more volatile of the two, at 98% annualised against NFLX's 44%.

Correlation: 0.27
Size ratio: 1 : 147.6
Ahead over 30 days: CRCLON

Netflix • Robinhood TokenNFLX

$62.6300

24h: +0.58%
Market cap: $600,148
Volume 24h: $44,495
Volatility (ann.): 44%

Circle Internet Group (Ondo Tokenized Stock)CRCLON

$75.2300

24h: -0.49%
Market cap: $88.59M
Volume 24h: $1.62M
Volatility (ann.): 98%

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

Performance

NFLXCRCLON

7 days-11.81%-6.27%CRCLON
30 days-20.80%-16.67%CRCLON

Correlation

0.27over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2790d: 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	NFLX	CRCLON
Max drawdown (400d)	-25.1%	-30.7%
Risk-adjusted return (90d)	-0.55	0.06

Relative strength over 90 days: NFLX outperformed CRCLON by 1.0% — measured on the NFLX/CRCLON ratio, so it holds regardless of market direction.

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