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

Circle Internet Group (Ondo Tokenized Stock) (CRCLON) is 2331.8× the size of Qualcomm • Robinhood Token (QCOM) by market capitalisation. Over the past 30 days, QCOM is ahead by 19.1 percentage points (QCOM -11.2% against CRCLON -30.3%). Their daily returns move loosely together (correlation 0.37 across 30 shared trading days). CRCLON has been the more volatile of the two, at 100% annualised against QCOM's 61%.

Correlation: 0.37
Size ratio: 1 : 2331.8
Ahead over 30 days: QCOM

Qualcomm • Robinhood TokenQCOM

$160.1200

24h: -0.08%
Market cap: $34,720
Volume 24h: $15,953
Volatility (ann.): 61%

Circle Internet Group (Ondo Tokenized Stock)CRCLON

$68.6100

24h: -9.73%
Market cap: $80.96M
Volume 24h: $1.32M
Volatility (ann.): 100%

QCOM 0.0%Share of the two combined market caps100.0% CRCLON

Performance

QCOMCRCLON

7 days-13.44%-11.43%CRCLON
30 days-11.25%-30.30%QCOM

Correlation

0.37over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3790d: 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	QCOM	CRCLON
Max drawdown (400d)	-22.9%	-34.9%
Risk-adjusted return (90d)	-0.12	-0.05

Relative strength over 90 days: QCOM outperformed CRCLON by 22.4% — measured on the QCOM/CRCLON ratio, so it holds regardless of market direction.

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