Anemoy Tokenized Apollo Diversified Credit Fund vs Figure Heloc

Figure Heloc (FIGR_HELOC) is 525.2× the size of Anemoy Tokenized Apollo Diversified Credit Fund (ACRDX) by market capitalisation. Over the past 30 days, FIGR_HELOC is ahead by 2.8 percentage points (ACRDX -0.1% against FIGR_HELOC +2.7%). Their daily returns move barely in opposite directions (correlation -0.18 across 49 shared trading days). FIGR_HELOC has been the more volatile of the two, at 52% annualised against ACRDX's 2%.

Correlation: -0.18
Size ratio: 1 : 525.2
Ahead over 30 days: FIGR_HELOC

Anemoy Tokenized Apollo Diversified Credit FundACRDX

$1.0220

24h: +0.07%
Market cap: $51.12M
Volume 24h: —
Volatility (ann.): 2%

Figure HelocFIGR_HELOC

$1.0300

24h: -0.19%
Market cap: $26.85B
Volume 24h: $481.28M
Volatility (ann.): 52%

ACRDX 0.2%Share of the two combined market caps99.8% FIGR_HELOC

Performance

ACRDXFIGR_HELOC

7 days+0.49%+0.19%ACRDX
30 days-0.10%+2.69%FIGR_HELOC

Correlation

-0.18over 49 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.2390d: 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	ACRDX	FIGR_HELOC
Max drawdown (400d)	-1.0%	-5.5%
Risk-adjusted return (90d)	-0.05	0.05

Relative strength over 90 days: FIGR_HELOC outperformed ACRDX by 0.2% — measured on the ACRDX/FIGR_HELOC ratio, so it holds regardless of market direction.

Anemoy Tokenized Apollo Diversified Credit Fund →Figure Heloc →