FINW vs HOLO: Correlation
FinWise Bancorp (FINW) and MicroCloud Hologram Inc. (HOLO) show a negative relationship: their 3-year correlation of weekly returns is -0.25.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FINW and HOLO?
On 3 years of weekly data the FINW/HOLO correlation comes out at -0.25, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.21 versus -0.25 over 3 years. The 5-year figure is -0.19, and annualized covariance runs at -6034.2 %².
Among the 11 assets we track against FINW, HOLO sits near the bottom by co-movement, at rank #9. Correlation aside, the last 12 months split them widely, with FINW ahead by 31.1 points (-28.5% versus -59.6%). Note the risk asymmetry: HOLO runs 17.2 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
FINW vs HOLO: side by side
| FINW (FinWise Bancorp) | HOLO (MicroCloud Hologram Inc.) | |
|---|---|---|
| 1-year return | -28.5% | -59.6% |
| 5-year return | +9.2% | -100.0% |
| Volatility (ann.) | 37.8% | 648.5% |
| Beta vs S&P 500 | 0.54 | 3.02 |
| Max drawdown (3Y) | -42.3% | -100.0% |
| Market cap | $0.2B | – |
| P/E (trailing) | 14.6 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FINW | HOLO |
|---|---|---|
| 2022 | -32.8% | -77.2% |
| 2023 | +54.5% | -84.4% |
| 2024 | +11.7% | -93.1% |
| 2025 | +12.3% | -98.7% |
| 2026 | -22.5% | -28.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FINW and HOLO good diversifiers for each other?
Yes. With a correlation of -0.25, FINW and HOLO have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between FINW and HOLO?
The FINW/HOLO correlation stands at -0.25 on a 3-year window (1 year: 0.21, 5 years: -0.19), computed from weekly returns as of 2026-08-27.
Is HOLO a good diversifier for FINW?
Yes. With a correlation of -0.25, FINW and HOLO have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.25 mean?
A reading of -0.25 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/finw-vs-holo.json
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[](https://www.pairbook.io/pair/finw-vs-holo/)
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Related comparisons
Hubs: FINW correlations · HOLO correlations
