Blockchain Capital vs Figure Heloc

Blockchain Capital (BCAP) and Figure Heloc (FIGR_HELOC) compared side by side. Over the past 30 days, FIGR_HELOC is ahead by 3.7 percentage points (BCAP -1.0% against FIGR_HELOC +2.7%). Their daily returns move barely in opposite directions (correlation -0.30 across 42 shared trading days). FIGR_HELOC has been the more volatile of the two, at 52% annualised against BCAP's 6%.

Correlation: -0.30
Ahead over 30 days: FIGR_HELOC

Blockchain CapitalBCAP

$104.7800

24h: -0.09%
Market cap: —
Volume 24h: —
Volatility (ann.): 6%

Figure HelocFIGR_HELOC

$1.0300

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

BCAP 0.0%Share of the two combined market caps100.0% FIGR_HELOC

Performance

BCAPFIGR_HELOC

7 days-0.49%+0.19%FIGR_HELOC
30 days-0.97%+2.69%FIGR_HELOC

Correlation

-0.30over 42 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.3190d: 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	BCAP	FIGR_HELOC
Max drawdown (400d)	-2.1%	-5.5%
Risk-adjusted return (90d)	-0.15	0.05

Relative strength over 90 days: FIGR_HELOC outperformed BCAP by 2.7% — measured on the BCAP/FIGR_HELOC ratio, so it holds regardless of market direction.

Blockchain Capital →Figure Heloc →