iShares Silver Trust • Robinhood Token vs Figure Heloc

Figure Heloc (FIGR_HELOC) is 23500.0× the size of iShares Silver Trust • Robinhood Token (SLV) by market capitalisation. Over the past 30 days, FIGR_HELOC is ahead by 28.8 percentage points (SLV -26.1% against FIGR_HELOC +2.7%). Their daily returns move barely in opposite directions (correlation -0.09 across 26 shared trading days). Both have run at a similar volatility, around 54% annualised.

Correlation: -0.09
Size ratio: 1 : 23500.0
Ahead over 30 days: FIGR_HELOC

iShares Silver Trust • Robinhood TokenSLV

$44.9300

24h: -1.05%
Market cap: $1.14M
Volume 24h: $204,316
Volatility (ann.): 56%

Figure HelocFIGR_HELOC

$1.0300

24h: -0.07%
Market cap: $26.85B
Volume 24h: $482.41M
Volatility (ann.): 52%

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

Performance

SLVFIGR_HELOC

7 days-20.16%+0.19%FIGR_HELOC
30 days-26.12%+2.69%FIGR_HELOC

Correlation

-0.09over 26 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0990d: 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	SLV	FIGR_HELOC
Max drawdown (400d)	-27.3%	-5.5%
Risk-adjusted return (90d)	-0.47	0.05

Relative strength over 90 days: FIGR_HELOC outperformed SLV by 24.4% — measured on the SLV/FIGR_HELOC ratio, so it holds regardless of market direction.

iShares Silver Trust • Robinhood Token →Figure Heloc →