Robinhood Markets Tokenized Stock (Reality) vs Circle Internet Group (Ondo Tokenized Stock)

Circle Internet Group (Ondo Tokenized Stock) (CRCLON) is 115.0× the size of Robinhood Markets Tokenized Stock (Reality) (RHOOD) by market capitalisation. Over the past 30 days, CRCLON is ahead by 7.0 percentage points (RHOOD -22.8% against CRCLON -15.9%). Their daily returns move closely together (correlation 0.74 across 22 shared trading days). CRCLON has been the more volatile of the two, at 97% annualised against RHOOD's 48%.

Correlation: 0.74
Size ratio: 1 : 115.0
Ahead over 30 days: CRCLON

Robinhood Markets Tokenized Stock (Reality)RHOOD

$87.2200

24h: +3.98%
Market cap: $769,561
Volume 24h: $195,329
Volatility (ann.): 48%

Circle Internet Group (Ondo Tokenized Stock)CRCLON

$75.1600

24h: +0.53%
Market cap: $88.48M
Volume 24h: $1.60M
Volatility (ann.): 97%

RHOOD 0.9%Share of the two combined market caps99.1% CRCLON

Performance

RHOODCRCLON

7 days-3.07%-5.63%RHOOD
30 days-22.83%-15.88%CRCLON

Correlation

0.74over 22 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	RHOOD	CRCLON
Max drawdown (400d)	-26.2%	-30.7%
Risk-adjusted return (90d)	-0.46	0.06

Relative strength over 90 days: CRCLON outperformed RHOOD by 12.2% — measured on the RHOOD/CRCLON ratio, so it holds regardless of market direction.

Robinhood Markets Tokenized Stock (Reality) →Circle Internet Group (Ondo Tokenized Stock) →