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

Circle Internet Group (Ondo Tokenized Stock) (CRCLON) is 903.7× the size of Western Digital Corporation • Robinhood Token (WDC) by market capitalisation. Over the past 30 days, CRCLON is ahead by 11.8 percentage points (WDC -27.6% against CRCLON -15.9%). Their daily returns move barely together (correlation 0.13 across 22 shared trading days). CRCLON has been the more volatile of the two, at 97% annualised against WDC's 78%.

Correlation: 0.13
Size ratio: 1 : 903.7
Ahead over 30 days: CRCLON

Western Digital Corporation • Robinhood TokenWDC

$312.0700

24h: -9.32%
Market cap: $90,357
Volume 24h: $14,292
Volatility (ann.): 78%

Circle Internet Group (Ondo Tokenized Stock)CRCLON

$69.3500

24h: -5.53%
Market cap: $81.65M
Volume 24h: $1.12M
Volatility (ann.): 97%

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

Performance

WDCCRCLON

7 days-16.74%-5.63%CRCLON
30 days-27.65%-15.88%CRCLON

Correlation

0.13over 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	WDC	CRCLON
Max drawdown (400d)	-30.7%	-30.7%
Risk-adjusted return (90d)	-0.37	0.06

Relative strength over 90 days: CRCLON outperformed WDC by 10.3% — measured on the WDC/CRCLON ratio, so it holds regardless of market direction.

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