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

Circle Internet Group (Ondo Tokenized Stock) (CRCLON) is 70.2× the size of Sandisk Corporation • Robinhood Token (SNDK) by market capitalisation. Over the past 30 days, CRCLON is ahead by 19.6 percentage points (SNDK -36.3% against CRCLON -16.7%). Their daily returns move loosely together (correlation 0.45 across 27 shared trading days). Both have run at a similar volatility, around 105% annualised.

Correlation: 0.45
Size ratio: 1 : 70.2
Ahead over 30 days: CRCLON

Sandisk Corporation • Robinhood TokenSNDK

$1,094.24

24h: +0.19%
Market cap: $1.24M
Volume 24h: $750,370
Volatility (ann.): 112%

Circle Internet Group (Ondo Tokenized Stock)CRCLON

$73.7900

24h: +1.32%
Market cap: $86.85M
Volume 24h: $1.01M
Volatility (ann.): 98%

SNDK 1.4%Share of the two combined market caps98.6% CRCLON

Performance

SNDKCRCLON

7 days-33.97%-6.27%CRCLON
30 days-36.27%-16.67%CRCLON

Correlation

0.45over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4590d: 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	SNDK	CRCLON
Max drawdown (400d)	-42.9%	-30.7%
Risk-adjusted return (90d)	-0.25	0.06

Relative strength over 90 days: CRCLON outperformed SNDK by 8.4% — measured on the SNDK/CRCLON ratio, so it holds regardless of market direction.

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