DBGI vs FFAI: Correlation
How closely do Digital Brands Group, Inc. (DBGI) and Faraday Future Intelligent Electric Inc. (FFAI) trade together? Their weekly returns over three years give a correlation of 0.90, which is very strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DBGI and FFAI?
On 3 years of weekly data the DBGI/FFAI correlation comes out at 0.90, very strong, meaning they move nearly in lockstep. Recent behaviour matches the longer record: 1.00 over 1 year against 0.90 over 3. The 5-year figure is 0.90, and annualized covariance runs at 3061962.3 %².
Within DBGI's tracked universe of 28 assets, FFAI comes in at #7 by 3-year correlation. Correlation aside, the last 12 months split them widely, with FFAI ahead by 27.1 points (-29.2% versus -2.1%). Note the risk asymmetry: FFAI runs 2.7 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
DBGI vs FFAI: side by side
| DBGI (Digital Brands Group, Inc.) | FFAI (Faraday Future Intelligent Electric Inc.) | |
|---|---|---|
| 1-year return | -29.2% | -2.1% |
| 5-year return | -100.0% | -100.0% |
| Volatility (ann.) | 1127.2% | 3004.8% |
| Beta vs S&P 500 | -1.93 | -1.32 |
| Max drawdown (3Y) | -100.0% | -100.0% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DBGI | FFAI |
|---|---|---|
| 2022 | -98.2% | -94.5% |
| 2023 | -96.9% | -99.0% |
| 2024 | -98.9% | -91.2% |
| 2025 | +610.8% | -58.0% |
| 2026 | -43.1% | +128.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DBGI and FFAI good diversifiers for each other?
No. With a correlation of 0.90, DBGI and FFAI move nearly in lockstep, so holding both adds very little diversification.
FAQ
What is the correlation between DBGI and FFAI?
As of 2026-08-27, the correlation of weekly returns between DBGI and FFAI is 0.90 over 3 years, 1.00 over 1 year and 0.90 over 5 years.
Is FFAI a good diversifier for DBGI?
No. With a correlation of 0.90, DBGI and FFAI move nearly in lockstep, so holding both adds very little diversification.
What does a correlation of 0.90 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/dbgi-vs-ffai.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/dbgi-vs-ffai/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: DBGI correlations · FFAI correlations
