FLD vs RECT: Correlation
Fold Holdings, Inc. (FLD) and Rectitude Holdings Ltd (RECT) show a moderate relationship: their 3-year correlation of weekly returns is 0.32.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FLD and RECT?
Over the past 3 years, FLD and RECT moved with a correlation of 0.32, which is moderate. Recent behaviour matches the longer record: 0.32 over 1 year against 0.32 over 3. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 1903.6 %².
Within FLD's tracked universe of 13 assets, RECT comes in at #5 by 3-year correlation. On 12-month performance RECT holds a 11.5-point edge, -83.6% against -72.1%.
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.
FLD vs RECT: side by side
| FLD (Fold Holdings, Inc.) | RECT (Rectitude Holdings Ltd) | |
|---|---|---|
| 1-year return | -83.6% | -72.1% |
| 5-year return | -93.7% | n/a |
| Volatility (ann.) | 78.8% | 65.0% |
| Beta vs S&P 500 | 0.49 | 0.67 |
| Max drawdown (3Y) | -96.7% | -85.4% |
| Market cap | – | – |
| P/E (trailing) | – | 6.4 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FLD | RECT |
|---|---|---|
| 2023 | +5.3% | – |
| 2024 | +5.2% | – |
| 2025 | -76.5% | -74.1% |
| 2026 | -76.6% | -27.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FLD and RECT good diversifiers for each other?
A fair diversifier. At 0.32, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between FLD and RECT?
Using weekly returns as of 2026-08-27: 0.32 over 3 years, with 0.32 over the last year and n/a over 5 years.
Is RECT a good diversifier for FLD?
A fair diversifier. At 0.32, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.32 mean?
A reading of 0.32 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/fld-vs-rect.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/fld-vs-rect/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: FLD correlations · RECT correlations
