DIT vs FUFU: Correlation
AMCON Distributing Company (DIT) and BitFuFu Inc. - Class A (FUFU) show a moderate relationship: their 3-year correlation of weekly returns is 0.35.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DIT and FUFU?
On 3 years of weekly data the DIT/FUFU correlation comes out at 0.35, moderate. Recent behaviour matches the longer record: 0.31 over 1 year against 0.35 over 3. The 5-year figure is 0.23, and annualized covariance runs at 1043.6 %².
In DIT's tracked universe of 11 assets, FUFU sits right near the top at #1. Their recent paths diverged sharply: over the last 12 months DIT outperformed by 53.8 percentage points (-9.9% for DIT against -63.7% for FUFU). Risk is not evenly split, since FUFU carries 2.4 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.
DIT vs FUFU: side by side
| DIT (AMCON Distributing Company) | FUFU (BitFuFu Inc. - Class A) | |
|---|---|---|
| 1-year return | -9.9% | -63.7% |
| 5-year return | -29.8% | -85.4% |
| Volatility (ann.) | 35.6% | 84.0% |
| Beta vs S&P 500 | 0.09 | 1.01 |
| Max drawdown (3Y) | -55.9% | -90.4% |
| Market cap | – | $0.2B |
| P/E (trailing) | 35.8 | – |
| Dividend yield | 0.63% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DIT | FUFU |
|---|---|---|
| 2022 | -6.4% | +3.5% |
| 2023 | +8.1% | +8.0% |
| 2024 | -33.7% | -54.6% |
| 2025 | -12.8% | -46.7% |
| 2026 | -6.1% | -46.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DIT and FUFU good diversifiers for each other?
A fair diversifier. At 0.35, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between DIT and FUFU?
The DIT/FUFU correlation stands at 0.35 on a 3-year window (1 year: 0.31, 5 years: 0.23), computed from weekly returns as of 2026-08-27.
Is FUFU a good diversifier for DIT?
A fair diversifier. At 0.35, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.35 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/dit-vs-fufu.json
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Related comparisons
Hubs: DIT correlations · FUFU correlations
