Snowflake Inc. • Robinhood Token vs Circle Internet Group (Ondo Tokenized Stock)

Circle Internet Group (Ondo Tokenized Stock) (CRCLON) is 1012.3× the size of Snowflake Inc. • Robinhood Token (SNOW) by market capitalisation. Over the past 30 days, SNOW is ahead by 2.8 percentage points (SNOW -13.1% against CRCLON -15.9%). Their daily returns move closely together (correlation 0.61 across 29 shared trading days). CRCLON has been the more volatile of the two, at 97% annualised against SNOW's 76%.

Correlation: 0.61
Size ratio: 1 : 1012.3
Ahead over 30 days: SNOW

Snowflake Inc. • Robinhood TokenSNOW

$290.9400

24h: +1.90%
Market cap: $86,148
Volume 24h: $9,322
Volatility (ann.): 76%

Circle Internet Group (Ondo Tokenized Stock)CRCLON

$74.0700

24h: +1.25%
Market cap: $87.21M
Volume 24h: $1.22M
Volatility (ann.): 97%

SNOW 0.1%Share of the two combined market caps99.9% CRCLON

Performance

SNOWCRCLON

7 days-14.40%-5.63%CRCLON
30 days-13.10%-15.88%SNOW

Correlation

0.61over 29 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.6190d: 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	SNOW	CRCLON
Max drawdown (400d)	-18.9%	-30.7%
Risk-adjusted return (90d)	-0.19	0.06

Relative strength over 90 days: SNOW outperformed CRCLON by 0.7% — measured on the SNOW/CRCLON ratio, so it holds regardless of market direction.

Snowflake Inc. • Robinhood Token →Circle Internet Group (Ondo Tokenized Stock) →