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AIFU vs MRAM: Correlation

AIFU Inc. - Class A (AIFU) and Everspin Technologies, Inc. (MRAM) show a moderate relationship: their 3-year correlation of weekly returns is 0.31.

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

Correlation (3Y)
0.31
moderate
Correlation (1Y)
0.42
last 12 months
Correlation (5Y)
0.25
long-run
Ann. covariance
2240.5
%² · weekly, annualized

How correlated are AIFU and MRAM?

On 3 years of weekly data the AIFU/MRAM correlation comes out at 0.31, moderate. The link has tightened recently: the 1-year correlation (0.42) runs above the 3-year figure (0.31). The 5-year figure is 0.25, and annualized covariance runs at 2240.5 %².

In AIFU's tracked universe of 10 assets, MRAM sits right near the top at #3. Correlation aside, the last 12 months split them widely, with MRAM ahead by 248.4 points (-75.2% versus +173.2%).

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.

AIFU vs MRAM: side by side

AIFU (AIFU Inc. - Class A)MRAM (Everspin Technologies, Inc.)
1-year return-75.2%+173.2%
5-year return-99.6%+134.7%
Volatility (ann.)103.3%69.5%
Beta vs S&P 5001.171.58
Max drawdown (3Y)-99.6%-70.6%
Market cap$0.1B$0.4B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: MRAM -70.6% vs -99.6%Higher 5y return: MRAM +134.7% vs -99.6%
-85%0%+477%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. AIFU · MRAM

Year-by-year returns

YearAIFUMRAM
2022+3.8%-50.8%
2023-10.1%+62.6%
2024-83.5%-29.3%
2025-87.8%+45.2%
2026-58.8%+88.1%

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

Are AIFU and MRAM good diversifiers for each other?

Yes, to a useful degree: a correlation of 0.31 leaves real independence between the two, which historically damped combined volatility.

FAQ

What is the correlation between AIFU and MRAM?

As of 2026-08-27, the correlation of weekly returns between AIFU and MRAM is 0.31 over 3 years, 0.42 over 1 year and 0.25 over 5 years.

Is MRAM a good diversifier for AIFU?

Yes, to a useful degree: a correlation of 0.31 leaves real independence between the two, which historically damped combined volatility.

What does a correlation of 0.31 mean?

Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.

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AIFU vs MRAM: 3-year weekly correlation 0.31AIFU vs MRAM0.31

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Related comparisons

Hubs: AIFU correlations · MRAM correlations