KlimaDAO [OLD] (KLIMA) and Figure Heloc (FIGR_HELOC) compared side by side. Over the past 30 days, FIGR_HELOC is ahead by 19.9 percentage points (KLIMA -17.2% against FIGR_HELOC +2.7%). Their daily returns move barely together (correlation 0.08 across 20 shared trading days). KLIMA has been the more volatile of the two, at 89% annualised against FIGR_HELOC's 52%.
KLIMAFIGR_HELOC
0.08over 20 shared trading days
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.
| Metric | KLIMA | FIGR_HELOC |
|---|---|---|
| Max drawdown (400d) | -24.6% | -5.5% |
| Risk-adjusted return (90d) | -0.19 | 0.05 |
Relative strength over 90 days: FIGR_HELOC outperformed KLIMA by 14.0% — measured on the KLIMA/FIGR_HELOC ratio, so it holds regardless of market direction.