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SoFi Technologies, Inc. Common Stock (SOFI) vs Fidelity Wise Origin Bitcoin Fund (FBTC)
Correlation
of % moves
+41%
In sync
of periods
63%
History
daysdays · through 2026-05-22
593
These move in the same direction about 63% of the time
Their swing sizes loosely line up (~17% of the pattern is shared).
A real but noisy link — useful as context, risky as a standalone signal.
Both lines start at the same point — easy to compare when growth rates are similar.
What to Watch
Unusual right now
Recently tighter than usual — the pair is behaving differently than its long-run pattern.
Tighter in drawdowns
The relationship is stronger when both prices are falling than when both are rising — typical risk-off behaviour.
Rock solid
The relationship barely changes from period to period — treat it as a reliable signal.
Advanced
Statistics
In sync(i)
63.2%
Headline metric
Movement correlation(i)
+41%
Based on % moves
95% CI
+34% → +47%
Likely range of correlation
Pipeline
Pipeline Summary
593 paired data points survived the daily window.
Raw input
1,251
593
Normalized
1,251
593
Prepared
1,251
593
Aligned
593
593
Invalid removed
R²(i)
16.7%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
593
Robust
Time-Shifted Correlation
See how correlation changes when one series is offset in time. A taller bar at a non-zero shift means the two move together better when one leads the other — that's a potential lead/lag signal.
Correlation by shift
Click a bar to inspect. Range: -6 to 6 days.
Selected shift
No shift
Correlation at this shift
+41%
No shift — both series at their actual dates.
592 overlapping points at this shift
Baseline
+41%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+41%
A non-zero peak suggests one series lines up better when shifted against the other.
Stability
How the correlation evolves over time. A stable line means the relationship is reliable; large swings signal regime-dependent behavior.
Do They Crash Together?
How these series behave when markets are rising, falling, or diverging. A correlation that holds in drawdowns is very different from one that only works in rallies.
Both Rising
+27%
94 periods · Return correlation when both series rose
Both Falling
+52%
89 periods · Return correlation when both series fell
Diverging
-58%
64 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
658
A: 658 / B: 0
Series A
SoFi Technologies, Inc. Common Stock (SOFI)
SOFI
Stock · 1,251 raw → 1,251 prepared
Series B
Fidelity Wise Origin Bitcoin Fund (FBTC)
FBTC
Stock · 593 raw → 593 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
4
Estimated crossover points between normalized spreads.
Slope
0.3461
Linear regression slope.
Intercept
0.0004
Linear regression intercept.
Saved 2 weeks ago · ID: stock-fbtc_stock-sofi_daily_5y