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

Circle Internet Group (Ondo Tokenized Stock) (CRCLON) is 5031.6× the size of TeraWulf Inc. • Robinhood Token (WULF) by market capitalisation. Over the past 30 days, CRCLON is ahead by 7.0 percentage points (WULF -22.9% against CRCLON -15.9%). Their daily returns move loosely together (correlation 0.59 across 22 shared trading days). Both have run at a similar volatility, around 103% annualised.

Correlation: 0.59
Size ratio: 1 : 5031.6
Ahead over 30 days: CRCLON

TeraWulf Inc. • Robinhood TokenWULF

$11.6400

24h: -1.74%
Market cap: $15,981
Volume 24h: $9,632
Volatility (ann.): 108%

Circle Internet Group (Ondo Tokenized Stock)CRCLON

$68.1300

24h: -10.54%
Market cap: $80.41M
Volume 24h: $1.29M
Volatility (ann.): 97%

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

Performance

WULFCRCLON

7 days-11.40%-5.63%CRCLON
30 days-22.89%-15.88%CRCLON

Correlation

0.59over 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	WULF	CRCLON
Max drawdown (400d)	-28.6%	-30.7%
Risk-adjusted return (90d)	-0.18	0.06

Relative strength over 90 days: WULF outperformed CRCLON by 4.0% — measured on the WULF/CRCLON ratio, so it holds regardless of market direction.

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