CPOP vs FRAF: Correlation
How closely do Pop Culture Group Co., Ltd - Class A (CPOP) and Franklin Financial Services Corporation (FRAF) trade together? Their weekly returns over three years give a correlation of -0.23, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CPOP and FRAF?
On 3 years of weekly data the CPOP/FRAF correlation comes out at -0.23, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at -0.06 versus -0.23 over 3 years. The 5-year figure is -0.19, and annualized covariance runs at -944.1 %².
FRAF is close to the least connected end of CPOP's tracked universe, ranking #14 of 16. The last year tells two different stories: FRAF led by 133.8 percentage points, -97.0% for CPOP against +36.8% for FRAF. One caveat on sizing: CPOP is 4.1 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
CPOP vs FRAF: side by side
| CPOP (Pop Culture Group Co., Ltd - Class A) | FRAF (Franklin Financial Services Corporation) | |
|---|---|---|
| 1-year return | -97.0% | +36.8% |
| 5-year return | -99.9% | +133.8% |
| Volatility (ann.) | 129.2% | 31.7% |
| Beta vs S&P 500 | 0.69 | 0.22 |
| Max drawdown (3Y) | -99.6% | -25.5% |
| Market cap | – | $0.3B |
| P/E (trailing) | – | 11.3 |
| Dividend yield | 0.00% | 2.14% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CPOP | FRAF |
|---|---|---|
| 2022 | -78.5% | +13.5% |
| 2023 | -86.3% | -8.8% |
| 2024 | +9.3% | -1.4% |
| 2025 | -64.1% | +73.5% |
| 2026 | -91.6% | +25.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CPOP and FRAF good diversifiers for each other?
By historical standards, yes. A correlation of -0.23 means the two rarely move for the same reasons.
FAQ
What is the correlation between CPOP and FRAF?
As of 2026-08-27, the correlation of weekly returns between CPOP and FRAF is -0.23 over 3 years, -0.06 over 1 year and -0.19 over 5 years.
Is FRAF a good diversifier for CPOP?
By historical standards, yes. A correlation of -0.23 means the two rarely move for the same reasons.
What does a correlation of -0.23 mean?
On the −1 to +1 scale, -0.23 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/cpop-vs-fraf.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/cpop-vs-fraf/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CPOP correlations · FRAF correlations
