BTOG vs FTFT: Correlation
Measured on weekly returns over the past three years, Bit Origin Limited - Class A (BTOG) and Future FinTech Group Inc. (FTFT) carry a correlation of 0.41, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BTOG and FTFT?
Over the past 3 years, BTOG and FTFT moved with a correlation of 0.41, which is moderate. Little has changed lately, as the 1-year reading of 0.42 lands near the 3-year figure. Over 5 years the correlation is 0.36, and the annualized covariance of weekly returns is 14651.5 %².
By 3-year correlation, FTFT places #4 of the 12 assets tracked against BTOG. Their 12-month results are close: -97.2% for BTOG against -98.4% for FTFT.
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.
BTOG vs FTFT: side by side
| BTOG (Bit Origin Limited - Class A) | FTFT (Future FinTech Group Inc.) | |
|---|---|---|
| 1-year return | -97.2% | -98.4% |
| 5-year return | -100.0% | -100.0% |
| Volatility (ann.) | 229.6% | 154.7% |
| Beta vs S&P 500 | 1.61 | 0.87 |
| Max drawdown (3Y) | -99.9% | -99.8% |
| Market cap | – | – |
| P/E (trailing) | – | 0.0 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BTOG | FTFT |
|---|---|---|
| 2022 | -87.2% | -72.2% |
| 2023 | -21.4% | -1.1% |
| 2024 | -76.4% | -83.1% |
| 2025 | -82.4% | -75.2% |
| 2026 | -93.1% | -95.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BTOG and FTFT good diversifiers for each other?
A fair diversifier. At 0.41, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between BTOG and FTFT?
As of 2026-08-27, the correlation of weekly returns between BTOG and FTFT is 0.41 over 3 years, 0.42 over 1 year and 0.36 over 5 years.
Is FTFT a good diversifier for BTOG?
A fair diversifier. At 0.41, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.41 mean?
On the −1 to +1 scale, 0.41 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/btog-vs-ftft.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/btog-vs-ftft/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BTOG correlations · FTFT correlations
