United States Oil Fund • Robinhood Token vs Figure Heloc

Figure Heloc (FIGR_HELOC) is 11078.4× the size of United States Oil Fund • Robinhood Token (USO) by market capitalisation. Over the past 30 days, USO is ahead by 7.7 percentage points (USO +10.4% against FIGR_HELOC +2.7%). Their daily returns move barely together (correlation 0.17 across 27 shared trading days). Both have run at a similar volatility, around 55% annualised.

Correlation: 0.17
Size ratio: 1 : 11078.4
Ahead over 30 days: USO

United States Oil Fund • Robinhood TokenUSO

$156.6900

24h: -0.79%
Market cap: $2.42M
Volume 24h: $3.05M
Volatility (ann.): 58%

Figure HelocFIGR_HELOC

$1.0300

24h: -0.24%
Market cap: $26.84B
Volume 24h: $481.07M
Volatility (ann.): 52%

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

Performance

USOFIGR_HELOC

7 days+5.38%+0.19%USO
30 days+10.38%+2.69%USO

Correlation

0.17over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1790d: 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	USO	FIGR_HELOC
Max drawdown (400d)	-11.2%	-5.5%
Risk-adjusted return (90d)	0.37	0.05

Relative strength over 90 days: USO outperformed FIGR_HELOC by 17.9% — measured on the USO/FIGR_HELOC ratio, so it holds regardless of market direction.

United States Oil Fund • Robinhood Token →Figure Heloc →