Finance Services

49 US-listed companies SIC 6199 · all industries

How much this is one bet

38% of the closest matches for a typical Finance Services company are other Finance Services companies. That is moderate. The industry moves together to a degree, but individual companies still have plenty of their own story.

How the industry moves

Companies 49
Traded per day $13.0B
Median volatility 86.7%
Median beta vs SPY 2.97
Rate sensitivity -0.13
Volatility sensitivity -0.41

Measured from one year of daily returns. Rate sensitivity is the median correlation between a company's daily return and the daily change in the 10-year Treasury yield: positive means the industry tends to rise on days yields rise. It is a correlation, not a forecast, and a low number over one year is a statement about this year.

On the public record

Shares sold short 1.59B
Median days to cover 3.5
Insider purchases 59
Insider sales 105
Congressional trades 145
Institutions’ reported value $286.40B
Combined revenue as filed $28.25B

The companiesall of them

TickerCompanyTraded per dayBetaDays to cover
MSTR Strategy Inc $2.3B 3.08 2.1
IREN IREN Limited $2.0B 3.84 2.2
COIN Coinbase Global, Inc. $1.4B 2.93 3.3
SOFI SoFi Technologies, Inc. $1.3B 2.76 3.4
AXP American Express Company $940.7M 0.96 5.0
NU Nu Holdings Ltd. Class A Ordinary Shares $702.2M 1.41 2.1
WULF TeraWulf Inc. $661.4M 3.30 3.4
CIFR Cipher Digital Inc. $548.5M 4.15 1.8
MARA MARA Holdings, Inc. $511.2M 3.35 3.1
HUT Hut 8 Corp. $437.7M 4.46 2.9
RIOT Riot Platforms, Inc. $394.9M 3.78 1.9
CORZ Core Scientific, Inc. $302.4M 2.68 5.1
CLSK CleanSpark, Inc. $292.7M 3.53 3.6
SYF Synchrony Financial $256.9M 1.25 7.0
DAVE Dave Inc. $163.3M 2.54 5.0
KEEL Keel Infrastructure Corp. $147.2M 4.33 3.7
UPST Upstart Holdings, Inc. $134.3M 2.97 4.7
BTDR Bitdeer Technologies Group $126.0M 4.16 3.7
HIVE HIVE Digital Technologies Ltd $59.2M 3.61 3.4
PGY Pagaya Technologies Ltd. - Class A Ordinary Shares $53.3M 3.25 3.8
ASST Strive, Inc. $50.6M 3.84 7.2
SBET Sharplink, Inc. $48.4M 3.21 6.9
BTBT Bit Digital, Inc. - Ordinary Share $40.4M 3.60 3.0
SLNH Soluna Holdings, Inc. $28.2M 4.47 3.2
DGXX Digi Power X Inc. - Common Subordinate Voting Shares $26.8M 3.24 1.5
GPGI GPGI, Inc. Class A $23.8M 2.10 24.2
SII Sprott Inc. $21.2M 1.61 1.7
PWP Perella Weinberg Partners $18.9M 1.62 6.8
QFIN Qfin Holdings, Inc. $15.4M 1.07 2.6
WD Walker & Dunlop, Inc $13.8M 1.00 2.7
ABTC American Bitcoin Corp. $10.9M 3.47 2.7
BKKT Bakkt, Inc. Class A $9.9M 4.32 6.2
BUR Burford Capital Limited Ordinary Shares $9.6M 2.18 8.0
OPFI OppFi Inc. Class A $5.1M 1.31 2.2
GDOT Green Dot Corporation Class A Common Stock, $0.001 par value $5.0M 0.68 2.9
FWDI Forward Industries, Inc. $4.1M 3.72 7.3
CAN Canaan Inc. $3.1M 4.15 5.8
LX LexinFintech Holdings Ltd. $2.9M 1.22 1.6
DFDV DeFi Development Corp. $2.5M 3.80 9.2
ZSQR Z Squared Inc. $2.4M 1.62 11.4
OPRT Oportun Financial Corporation $2.4M 1.71 1.6
LDI loanDepot, Inc. Class A $2.3M 2.33 5.7
CORZW Core Scientific, Inc. - Tranche 1 Warrants $2.2M 4.00 15.0
UPXI Upexi, Inc. $2.1M 4.23 16.0
AGPU Axe Compute Inc. $2.0M 2.93 3.2
VEL Velocity Financial, Inc. $1.5M 0.25 13.4
LU Lufax Holding Ltd American Preferred $1.4M 1.40 3.5
ALP Alpha Compute Corp $1.2M 1.91 1.0
TONX TON Strategy Company $1.0M 2.68 7.2

What “one bet” means, and how it is measured

For every security this site computes its closest matches across the whole market, by one-year daily-return correlation. Cohesion asks a simple question of that: of the ten closest matches for each company in this industry, what share are also in this industry?

A high number means the classification is doing real work — these companies genuinely move together, and the industry is closer to a single position than to a set of independent ones. Trucking, shipping, homebuilders and airlines sit at the top of that measure, which is what anyone who has held two of them would tell you.

A low number means the opposite: the SEC's code groups them, but the market does not. That is worth knowing before treating an industry label as a diversification plan.

Where these numbers come from

What is deliberately absent

No index, no sector return, no performance figure. Aggregating company returns into an industry return would be republishing the licensed price history in a thin disguise, and it would also be wrong — there is no defensible weighting to choose. The statistics here are all invariant to that problem: a median, a correlation, a count, or a sum of filed figures.

All industries, ranked · each company's own page is under security pages.