DOMH vs FKWL: Correlation
How closely do Dominari Holdings Inc. (DOMH) and Franklin Wireless Corp. (FKWL) trade together? Their weekly returns over three years give a correlation of 0.30, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DOMH and FKWL?
On 3 years of weekly data the DOMH/FKWL correlation comes out at 0.30, moderate. Lately the two have drifted apart, with the 1-year correlation at -0.01 versus 0.30 over 3 years. The 5-year figure is 0.20, and annualized covariance runs at 1837.0 %².
Within DOMH's tracked universe of 23 assets, FKWL comes in at #13 by 3-year correlation. On 12-month performance FKWL holds a 10.9-point edge, -52.3% against -41.4%. Note the risk asymmetry: DOMH runs 5.4 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.
DOMH vs FKWL: side by side
| DOMH (Dominari Holdings Inc.) | FKWL (Franklin Wireless Corp.) | |
|---|---|---|
| 1-year return | -52.3% | -41.4% |
| 5-year return | -76.1% | -69.6% |
| Volatility (ann.) | 181.7% | 33.9% |
| Beta vs S&P 500 | 2.30 | 0.02 |
| Max drawdown (3Y) | -77.9% | -67.3% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DOMH | FKWL |
|---|---|---|
| 2022 | -67.3% | +2.1% |
| 2023 | -21.0% | -24.0% |
| 2024 | -62.2% | +44.5% |
| 2025 | +445.6% | -10.1% |
| 2026 | -40.0% | -43.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DOMH and FKWL good diversifiers for each other?
Reasonably. At 0.30, DOMH and FKWL keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between DOMH and FKWL?
As of 2026-08-27, the correlation of weekly returns between DOMH and FKWL is 0.30 over 3 years, -0.01 over 1 year and 0.20 over 5 years.
Is FKWL a good diversifier for DOMH?
Reasonably. At 0.30, DOMH and FKWL keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.30 mean?
On the −1 to +1 scale, 0.30 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/domh-vs-fkwl.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/domh-vs-fkwl/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: DOMH correlations · FKWL correlations
