ASPI vs UUUU: Correlation
Measured on weekly returns over the past three years, ASP Isotopes Inc. (ASPI) and Energy Fuels Inc (UUUU) carry a correlation of 0.45, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ASPI and UUUU?
Over the past 3 years, ASPI and UUUU moved with a correlation of 0.45, which is moderate. The link has tightened recently: the 1-year correlation (0.60) runs above the 3-year figure (0.45). Over 5 years the correlation is 0.37, and the annualized covariance of weekly returns is 3275.8 %².
Within ASPI's tracked universe of 11 assets, UUUU comes in at #4 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months UUUU outperformed by 98.0 percentage points (-59.9% for ASPI against +38.1% for UUUU).
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.
ASPI vs UUUU: side by side
| ASPI (ASP Isotopes Inc.) | UUUU (Energy Fuels Inc) | |
|---|---|---|
| 1-year return | -59.9% | +38.1% |
| 5-year return | n/a | +207.4% |
| Volatility (ann.) | 103.1% | 70.3% |
| Beta vs S&P 500 | 2.30 | 1.46 |
| Max drawdown (3Y) | -74.8% | -61.5% |
| Market cap | $0.6B | $3.9B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ASPI | UUUU |
|---|---|---|
| 2022 | – | -18.6% |
| 2023 | +13.3% | +15.8% |
| 2024 | +153.1% | -28.7% |
| 2025 | +18.1% | +183.4% |
| 2026 | -24.5% | +8.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ASPI and UUUU good diversifiers for each other?
Reasonably. At 0.45, ASPI and UUUU keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between ASPI and UUUU?
The ASPI/UUUU correlation stands at 0.45 on a 3-year window (1 year: 0.60, 5 years: 0.37), computed from weekly returns as of 2026-08-27.
Is UUUU a good diversifier for ASPI?
Reasonably. At 0.45, ASPI and UUUU keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.45 mean?
On the −1 to +1 scale, 0.45 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/aspi-vs-uuuu.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/aspi-vs-uuuu/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ASPI correlations · UUUU correlations