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

Circle Internet Group (Ondo Tokenized Stock) (CRCLON) is 49.4× the size of SK Hynix • Robinhood Token (SKYHY) by market capitalisation. Over the past 30 days, CRCLON is ahead by 1.2 percentage points (SKYHY -17.9% against CRCLON -16.7%). Their daily returns move barely together (correlation 0.20 across 30 shared trading days). Both have run at a similar volatility, around 98% annualised.

Correlation: 0.20
Size ratio: 1 : 49.4
Ahead over 30 days: CRCLON

SK Hynix • Robinhood TokenSKYHY

$145.3900

24h: -2.88%
Market cap: $1.76M
Volume 24h: $4.59M
Volatility (ann.): 98%

Circle Internet Group (Ondo Tokenized Stock)CRCLON

$73.7900

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

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

Performance

SKYHYCRCLON

7 days+4.49%-6.27%SKYHY
30 days-17.89%-16.67%CRCLON

Correlation

0.20over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2090d: 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	SKYHY	CRCLON
Max drawdown (400d)	-26.7%	-30.7%
Risk-adjusted return (90d)	-0.08	0.06

Relative strength over 90 days: SKYHY outperformed CRCLON by 16.7% — measured on the SKYHY/CRCLON ratio, so it holds regardless of market direction.

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