SHFSVSSTLD• 12 Months (Normalized)

SHFS vs STLD (SHF Holdings Inc. vs Steel Dynamics Inc.)

Showing Closing Date Range from Oct 6, 2025 to Oct 6, 2026.

Normalized cumulative comparison anchored at 0.00% baseline to illustrate pure alpha, return divergence, and market momentum.

SHFS Performance $0.88
-87.22%
SHF Holdings Inc.
Normalized Baseline0.00%
STLD Performance $241.04
+70.19%
Steel Dynamics Inc.
Normalized Baseline0.00%
Alpha Spread Margin STLD LEADS
-157.41 pts
STLD outperforming by 157.41 percentage points
SHFSSTLD
Spread Trajectory12 Months (Normalized)

Cumulative Performance Trajectory

Interactive divergence comparison normalized at 0.00% on start date.

SHFS STLD

Comparative Historical Ledger

Daily closing prices, normalized percentages, and relative spread divergence.

Historical Quotes & Breakdown(249 dates)
DateSHFS PriceSHFS Gain (%)STLD PriceSTLD Gain (%)Spread
Oct 05, 2026$0.88-87.22% $241.04+70.19% -157.41%
Oct 02, 2026$1.18-82.90% $231.99+63.80% -146.70%
Sep 29, 2026$-$221.90+56.68% -
Sep 28, 2026$-$230.39+62.67% -
Sep 25, 2026$0.16-97.72% $233.66+64.98% -162.70%
Sep 24, 2026$0.17-97.58% $235.20+66.07% -163.65%
Sep 23, 2026$0.17-97.59% $234.29+65.42% -163.01%
Sep 22, 2026$0.18-97.43% $233.99+65.21% -162.64%
Sep 21, 2026$0.16-97.67% $229.99+62.39% -160.06%
Sep 18, 2026$0.16-97.64% $235.26+66.11% -163.75%
Sep 17, 2026$0.17-97.49% $245.35+73.23% -170.72%
Sep 16, 2026$0.16-97.74% $238.23+68.21% -165.95%
Sep 15, 2026$0.15-97.90% $239.22+68.90% -166.80%
Sep 14, 2026$0.16-97.70% $234.53+65.59% -163.29%
Sep 11, 2026$0.15-97.77% $239.79+69.31% -167.08%
Page 1 of 17