State Street SPDR Dow Jones Industrial Average ETF Trust (Dinari Tokenized ETF) vs Figure Heloc

Figure Heloc (FIGR_HELOC) is 8362250.8× the size of State Street SPDR Dow Jones Industrial Average ETF Trust (Dinari Tokenized ETF) (DIA) by market capitalisation. Over the past 30 days, FIGR_HELOC is ahead by 2.0 percentage points (DIA +1.0% against FIGR_HELOC +3.0%). Their daily returns move barely in opposite directions (correlation -0.11 across 20 shared trading days). FIGR_HELOC has been the more volatile of the two, at 52% annualised against DIA's 12%.

Correlation: -0.11
Size ratio: 1 : 8362250.8
Ahead over 30 days: FIGR_HELOC

State Street SPDR Dow Jones Industrial Average ETF Trust (Dinari Tokenized ETF)DIA

$515.7500

24h: -0.59%
Market cap: $3,267
Volume 24h: $72
Volatility (ann.): 12%

Figure HelocFIGR_HELOC

$1.0460

24h: +1.54%
Market cap: $27.32B
Volume 24h: $22.10M
Volatility (ann.): 52%

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

Performance

DIAFIGR_HELOC

7 days-1.33%-0.10%FIGR_HELOC
30 days+0.97%+3.00%FIGR_HELOC

Correlation

-0.11over 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	DIA	FIGR_HELOC
Max drawdown (400d)	-2.2%	-5.5%
Risk-adjusted return (90d)	0.08	0.05

Relative strength over 90 days: DIA outperformed FIGR_HELOC by 3.0% — measured on the DIA/FIGR_HELOC ratio, so it holds regardless of market direction.

State Street SPDR Dow Jones Industrial Average ETF Trust (Dinari Tokenized ETF) →Figure Heloc →