Hamilton Lane Senior Credit Opportunities Securitize Fund vs Figure Heloc

Figure Heloc (FIGR_HELOC) is 7109.6× the size of Hamilton Lane Senior Credit Opportunities Securitize Fund (HLSCOPE) by market capitalisation. Over the past 30 days, FIGR_HELOC is ahead by 2.5 percentage points (HLSCOPE +0.2% against FIGR_HELOC +2.7%). Their daily returns move barely in opposite directions (correlation -0.32 across 20 shared trading days). FIGR_HELOC has been the more volatile of the two, at 52% annualised against HLSCOPE's 2%.

Correlation: -0.32
Size ratio: 1 : 7109.6
Ahead over 30 days: FIGR_HELOC

Hamilton Lane Senior Credit Opportunities Securitize FundHLSCOPE

$1,272.55

24h: +0.03%
Market cap: $3.77M
Volume 24h: —
Volatility (ann.): 2%

Figure HelocFIGR_HELOC

$1.0300

24h: -0.80%
Market cap: $26.84B
Volume 24h: $479.94M
Volatility (ann.): 52%

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

Performance

HLSCOPEFIGR_HELOC

7 days+0.00%+0.19%FIGR_HELOC
30 days+0.24%+2.69%FIGR_HELOC

Correlation

-0.32over 20 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	HLSCOPE	FIGR_HELOC
Max drawdown (400d)	-0.3%	-5.5%
Risk-adjusted return (90d)	0.13	0.05

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

Hamilton Lane Senior Credit Opportunities Securitize Fund →Figure Heloc →