iShares Semiconductor ETF • Robinhood Token vs Figure Heloc

Figure Heloc (FIGR_HELOC) is 590432.9× the size of iShares Semiconductor ETF • Robinhood Token (SOXX) by market capitalisation. Over the past 30 days, FIGR_HELOC is ahead by 11.8 percentage points (SOXX -8.8% against FIGR_HELOC +3.0%). Their daily returns move barely in opposite directions (correlation -0.05 across 26 shared trading days). Both have run at a similar volatility, around 55% annualised.

Correlation: -0.05
Size ratio: 1 : 590432.9
Ahead over 30 days: FIGR_HELOC

iShares Semiconductor ETF • Robinhood TokenSOXX

$468.3300

24h: +2.96%
Market cap: $46,265
Volume 24h: $157,277
Volatility (ann.): 59%

Figure HelocFIGR_HELOC

$1.0460

24h: +1.53%
Market cap: $27.32B
Volume 24h: $22.09M
Volatility (ann.): 52%

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

Performance

SOXXFIGR_HELOC

7 days-6.41%-0.10%FIGR_HELOC
30 days-8.76%+3.00%FIGR_HELOC

Correlation

-0.05over 26 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0590d: 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	SOXX	FIGR_HELOC
Max drawdown (400d)	-20.6%	-5.5%
Risk-adjusted return (90d)	-0.05	0.05

Relative strength over 90 days: FIGR_HELOC outperformed SOXX by 4.6% — measured on the SOXX/FIGR_HELOC ratio, so it holds regardless of market direction.

iShares Semiconductor ETF • Robinhood Token →Figure Heloc →