CMI vs FCUV: Correlation
Cummins (CMI) and Focus Universal Inc. (FCUV) show a negative relationship: their 3-year correlation of weekly returns is -0.17.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CMI and FCUV?
On 3 years of weekly data the CMI/FCUV correlation comes out at -0.17, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.29 versus -0.17 over 3 years. The 5-year figure is -0.09, and annualized covariance runs at -1300.5 %².
Within CMI's tracked universe of 36 assets, FCUV comes in at #27 by 3-year correlation. Correlation aside, the last 12 months split them widely, with CMI ahead by 130.9 points (+45.1% versus -85.8%). Risk is not evenly split, since FCUV carries 11.1 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.
CMI vs FCUV: side by side
| CMI (Cummins) | FCUV (Focus Universal Inc.) | |
|---|---|---|
| 1-year return | +45.1% | -85.8% |
| 5-year return | +169.6% | -99.4% |
| Volatility (ann.) | 25.9% | 287.5% |
| Beta vs S&P 500 | 1.05 | 0.68 |
| Max drawdown (3Y) | -30.5% | -99.8% |
| Market cap | $79.0B | – |
| P/E (trailing) | 29.6 | – |
| Dividend yield | 1.38% | 0.00% |
| Sector / category | Industrials | US Listed |
Year-by-year returns
| Year | CMI | FCUV |
|---|---|---|
| 2022 | +14.1% | -27.7% |
| 2023 | +1.7% | -65.8% |
| 2024 | +48.9% | -76.0% |
| 2025 | +49.4% | -76.9% |
| 2026 | +13.6% | -67.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CMI and FCUV good diversifiers for each other?
Yes. With a correlation of -0.17, CMI and FCUV have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between CMI and FCUV?
As of 2026-08-27, the correlation of weekly returns between CMI and FCUV is -0.17 over 3 years, -0.29 over 1 year and -0.09 over 5 years.
Is FCUV a good diversifier for CMI?
Yes. With a correlation of -0.17, CMI and FCUV have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.17 mean?
A reading of -0.17 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/cmi-vs-fcuv.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/cmi-vs-fcuv/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CMI correlations · FCUV correlations
