UBXS vs Figure Heloc

Figure Heloc (FIGR_HELOC) is 476759.5× the size of UBXS (UBXS) by market capitalisation. Over the past 30 days, FIGR_HELOC is ahead by 5.1 percentage points (UBXS -2.1% against FIGR_HELOC +3.0%). Their daily returns move barely in opposite directions (correlation -0.13 across 23 shared trading days). Both have run at a similar volatility, around 51% annualised.

Correlation: -0.13
Size ratio: 1 : 476759.5
Ahead over 30 days: FIGR_HELOC

UBXSUBXS

$0.000685

24h: +2.92%
Market cap: $56,773
Volume 24h: $78
Volatility (ann.): 51%

Figure HelocFIGR_HELOC

$1.0310

24h: +0.05%
Market cap: $27.07B
Volume 24h: $204.23M
Volatility (ann.): 52%

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

Performance

UBXSFIGR_HELOC

7 days-0.44%-0.10%FIGR_HELOC
30 days-2.13%+3.00%FIGR_HELOC

Correlation

-0.13over 23 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	UBXS	FIGR_HELOC
Max drawdown (400d)	-9.1%	-5.5%
Risk-adjusted return (90d)	-0.06	0.05

Relative strength over 90 days: UBXS outperformed FIGR_HELOC by 6.1% — measured on the UBXS/FIGR_HELOC ratio, so it holds regardless of market direction.

UBXS →Figure Heloc →