SHFS vs TIPT: Correlation
Measured on weekly returns over the past three years, SHF Holdings, Inc. (SHFS) and Tiptree Inc. (TIPT) carry a correlation of -0.23, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SHFS and TIPT?
On 3 years of weekly data the SHFS/TIPT correlation comes out at -0.23, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.52 versus -0.23 over 3 years. The 5-year figure is -0.16, and annualized covariance runs at -1171.3 %².
Among the 10 assets we track against SHFS, TIPT sits near the bottom by co-movement, at rank #10. Correlation aside, the last 12 months split them widely, with TIPT ahead by 71.6 points (-92.9% versus -21.3%). One caveat on sizing: SHFS is 4.5 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
SHFS vs TIPT: side by side
| SHFS (SHF Holdings, Inc.) | TIPT (Tiptree Inc.) | |
|---|---|---|
| 1-year return | -92.9% | -21.3% |
| 5-year return | -99.9% | +95.1% |
| Volatility (ann.) | 150.8% | 33.5% |
| Beta vs S&P 500 | 1.27 | 0.71 |
| Max drawdown (3Y) | -99.4% | -37.9% |
| Market cap | – | $0.7B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 1.30% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | SHFS | TIPT |
|---|---|---|
| 2022 | -82.4% | +1.4% |
| 2023 | -20.0% | +38.8% |
| 2024 | -68.3% | +12.8% |
| 2025 | -88.2% | -11.4% |
| 2026 | -84.9% | +1.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SHFS and TIPT good diversifiers for each other?
Yes: at -0.23, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between SHFS and TIPT?
As of 2026-08-27, the correlation of weekly returns between SHFS and TIPT is -0.23 over 3 years, -0.52 over 1 year and -0.16 over 5 years.
Is TIPT a good diversifier for SHFS?
Yes: at -0.23, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.23 mean?
A reading of -0.23 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
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Related comparisons
Hubs: SHFS correlations · TIPT correlations
