ASST vs FNF: Correlation
Measured on weekly returns over the past three years, Strive, Inc. (ASST) and Fidelity National Financial, Inc. (FNF) carry a correlation of -0.26, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ASST and FNF?
On 3 years of weekly data the ASST/FNF correlation comes out at -0.26, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (0.04) runs above the 3-year figure (-0.26). The 5-year figure is n/a, and annualized covariance runs at -4596.5 %².
Within ASST's tracked universe of 58 assets, FNF comes in at #34 by 3-year correlation. The last year tells two different stories: FNF led by 64.7 percentage points, -80.4% for ASST against -15.7% for FNF. Risk is not evenly split, since ASST carries 29.2 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.
ASST vs FNF: side by side
| ASST (Strive, Inc.) | FNF (Fidelity National Financial, Inc.) | |
|---|---|---|
| 1-year return | -80.4% | -15.7% |
| 5-year return | n/a | +27.3% |
| Volatility (ann.) | 723.1% | 24.8% |
| Beta vs S&P 500 | -1.01 | 0.66 |
| Max drawdown (3Y) | -97.2% | -30.0% |
| Market cap | $2.1B | $12.7B |
| P/E (trailing) | – | 16.5 |
| Dividend yield | 0.00% | 4.34% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ASST | FNF |
|---|---|---|
| 2022 | – | -21.6% |
| 2023 | – | +42.2% |
| 2024 | -84.6% | +14.0% |
| 2025 | +50.3% | +4.4% |
| 2026 | +56.6% | -11.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ASST and FNF good diversifiers for each other?
Yes. With a correlation of -0.26, ASST and FNF have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between ASST and FNF?
The ASST/FNF correlation stands at -0.26 on a 3-year window (1 year: 0.04, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is FNF a good diversifier for ASST?
Yes. With a correlation of -0.26, ASST and FNF have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.26 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/asst-vs-fnf.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/asst-vs-fnf/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ASST correlations · FNF correlations
