DPU vs LCFY: Correlation
How closely do Top KingWin Ltd - Class A (DPU) and Locafy Limited (LCFY) trade together? Their weekly returns over three years give a correlation of 0.43, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DPU and LCFY?
Across a 3-year window, the weekly returns of DPU and LCFY correlate at 0.43, moderate. Lately the two have drifted apart, with the 1-year correlation at -0.07 versus 0.43 over 3 years. Stretching to 5 years gives n/a, with an annualized covariance of 9798.6 %².
In DPU's tracked universe of 12 assets, LCFY sits right near the top at #2. The trailing year gives DPU the advantage: -36.6% versus -46.9%, a 10.3-point spread.
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.
DPU vs LCFY: side by side
| DPU (Top KingWin Ltd - Class A) | LCFY (Locafy Limited) | |
|---|---|---|
| 1-year return | -36.6% | -46.9% |
| 5-year return | n/a | -96.6% |
| Volatility (ann.) | 134.1% | 170.8% |
| Beta vs S&P 500 | 1.75 | 2.20 |
| Max drawdown (3Y) | -99.9% | -77.4% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DPU | LCFY |
|---|---|---|
| 2023 | – | +53.8% |
| 2024 | -80.6% | -24.3% |
| 2025 | -99.0% | -59.2% |
| 2026 | +4.2% | -18.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DPU and LCFY good diversifiers for each other?
A fair diversifier. At 0.43, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between DPU and LCFY?
The DPU/LCFY correlation stands at 0.43 on a 3-year window (1 year: -0.07, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is LCFY a good diversifier for DPU?
A fair diversifier. At 0.43, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.43 mean?
A reading of 0.43 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/dpu-vs-lcfy.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/dpu-vs-lcfy/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: DPU correlations · LCFY correlations
