AFJK vs TU: Correlation
Aimei Health Technology Co., Ltd (AFJK) and Telus Corporation (TU) show a negative relationship: their 3-year correlation of weekly returns is -0.22.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AFJK and TU?
Across a 3-year window, the weekly returns of AFJK and TU correlate at -0.22, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.31) sits close to the 3-year figure. Stretching to 5 years gives n/a, with an annualized covariance of -866.9 %².
Among the 29 assets we track against AFJK, TU ranks #15 by 3-year correlation. Correlation aside, the last 12 months split them widely, with AFJK ahead by 46.4 points (+8.4% versus -38.0%). One caveat on sizing: AFJK is 9.7 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.
AFJK vs TU: side by side
| AFJK (Aimei Health Technology Co., Ltd) | TU (Telus Corporation) | |
|---|---|---|
| 1-year return | +8.4% | -38.0% |
| 5-year return | n/a | -44.5% |
| Volatility (ann.) | 197.3% | 20.3% |
| Beta vs S&P 500 | 0.18 | 0.21 |
| Max drawdown (3Y) | -86.8% | -40.6% |
| Market cap | – | $15.4B |
| P/E (trailing) | 174.3 | – |
| Dividend yield | 0.00% | 17.24% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AFJK | TU |
|---|---|---|
| 2022 | – | -14.3% |
| 2023 | – | -2.4% |
| 2024 | – | -18.4% |
| 2025 | +498.2% | +0.7% |
| 2026 | -80.9% | -22.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AFJK and TU good diversifiers for each other?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
FAQ
What is the correlation between AFJK and TU?
The AFJK/TU correlation stands at -0.22 on a 3-year window (1 year: -0.31, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is TU a good diversifier for AFJK?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
What does a correlation of -0.22 mean?
On the −1 to +1 scale, -0.22 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/afjk-vs-tu.json
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[](https://www.pairbook.io/pair/afjk-vs-tu/)
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Related comparisons
Hubs: AFJK correlations · TU correlations
