DJT vs FEBO: Correlation
How closely do Trump Media & Technology Group Corp. (DJT) and Fenbo Holdings Limited - Class A (FEBO) trade together? Their weekly returns over three years give a correlation of 0.29, which is weak.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DJT and FEBO?
On 3 years of weekly data the DJT/FEBO correlation comes out at 0.29, weak. Lately the two have moved closer together, with the 1-year correlation at 0.39 versus 0.29 over 3 years. The 5-year figure is n/a, and annualized covariance runs at 2430.3 %².
By 3-year correlation, FEBO places #6 of the 11 assets tracked against DJT. The last year tells two different stories: FEBO led by 42.4 percentage points, -45.5% for DJT against -3.1% for FEBO.
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.
DJT vs FEBO: side by side
| DJT (Trump Media & Technology Group Corp.) | FEBO (Fenbo Holdings Limited - Class A) | |
|---|---|---|
| 1-year return | -45.5% | -3.1% |
| 5-year return | -1.8% | n/a |
| Volatility (ann.) | 100.8% | 81.1% |
| Beta vs S&P 500 | 1.54 | 0.19 |
| Max drawdown (3Y) | -89.3% | -96.0% |
| Market cap | $2.7B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DJT | FEBO |
|---|---|---|
| 2022 | -70.8% | – |
| 2023 | +16.7% | – |
| 2024 | +94.9% | -65.6% |
| 2025 | -61.2% | -23.6% |
| 2026 | -26.2% | -45.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DJT and FEBO good diversifiers for each other?
A fair diversifier. At 0.29, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between DJT and FEBO?
Using weekly returns as of 2026-08-27: 0.29 over 3 years, with 0.39 over the last year and n/a over 5 years.
Is FEBO a good diversifier for DJT?
A fair diversifier. At 0.29, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.29 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/djt-vs-febo.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/djt-vs-febo/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: DJT correlations · FEBO correlations
