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ACCS vs FDUS: Correlation

ACCESS Newswire Inc. (ACCS) and Fidus Investment Corporation - Closed End Fund (FDUS) show a moderate relationship: their 3-year correlation of weekly returns is 0.30.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.30
moderate
Correlation (1Y)
0.38
last 12 months
Correlation (5Y)
0.33
long-run
Ann. covariance
264.6
%² · weekly, annualized

How correlated are ACCS and FDUS?

Across a 3-year window, the weekly returns of ACCS and FDUS correlate at 0.30, moderate. Little has changed lately, as the 1-year reading of 0.38 lands near the 3-year figure. Stretching to 5 years gives 0.33, with an annualized covariance of 264.6 %².

Within ACCS's tracked universe of 10 assets, FDUS comes in at #4 by 3-year correlation. The last year tells two different stories: FDUS led by 53.8 percentage points, -50.1% for ACCS against +3.7% for FDUS. Risk is not evenly split, since ACCS carries 2.9 times the volatility of the other side.

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.

ACCS vs FDUS: side by side

ACCS (ACCESS Newswire Inc.)FDUS (Fidus Investment Corporation - Closed End Fund)
1-year return-50.1%+3.7%
5-year return-78.8%+100.3%
Volatility (ann.)50.8%17.5%
Beta vs S&P 5000.260.57
Max drawdown (3Y)-77.4%-23.9%
Market cap$0.7B
P/E (trailing)9.5
Dividend yield0.00%8.73%
Sector / categoryUS ListedUS Listed
Higher yield: FDUS 8.73% vs 0.00%Smaller drawdown: FDUS -23.9% vs -77.4%Higher 5y return: FDUS +100.3% vs -78.8%
-54%0%+7%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. ACCS · FDUS

Year-by-year returns

YearACCSFDUS
2022-15.0%+17.1%
2023-27.6%+20.0%
2024-50.7%+20.5%
2025+4.0%+2.1%
2026-41.7%+8.9%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are ACCS and FDUS good diversifiers for each other?

A fair diversifier. At 0.30, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between ACCS and FDUS?

As of 2026-08-27, the correlation of weekly returns between ACCS and FDUS is 0.30 over 3 years, 0.38 over 1 year and 0.33 over 5 years.

Is FDUS a good diversifier for ACCS?

A fair diversifier. At 0.30, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.30 mean?

On the −1 to +1 scale, 0.30 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.

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ACCS vs FDUS: 3-year weekly correlation 0.30ACCS vs FDUS0.30

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Related comparisons

Hubs: ACCS correlations · FDUS correlations