DUO vs VTSI: Correlation
Fangdd Network Group Ltd. - Class A (DUO) and VirTra, Inc. (VTSI) show a negative relationship: their 3-year correlation of weekly returns is -0.24.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DUO and VTSI?
Over the past 3 years, DUO and VTSI moved with a correlation of -0.24, which is negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (0.10) than the 3-year average (-0.24). Over 5 years the correlation is -0.16, and the annualized covariance of weekly returns is -4654.8 %².
Out of 15 assets tracked against DUO, VTSI lands near the bottom at #12. On 12-month performance VTSI holds a 5.4-point edge, -53.8% against -48.4%. Risk is not evenly split, since DUO carries 4.1 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.
DUO vs VTSI: side by side
| DUO (Fangdd Network Group Ltd. - Class A) | VTSI (VirTra, Inc.) | |
|---|---|---|
| 1-year return | -53.8% | -48.4% |
| 5-year return | -100.0% | -61.2% |
| Volatility (ann.) | 278.7% | 68.4% |
| Beta vs S&P 500 | 1.68 | 1.24 |
| Max drawdown (3Y) | -99.2% | -82.9% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DUO | VTSI |
|---|---|---|
| 2022 | -89.0% | -33.1% |
| 2023 | -94.2% | +102.4% |
| 2024 | -11.1% | -28.7% |
| 2025 | -84.7% | -37.8% |
| 2026 | -52.2% | -26.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DUO and VTSI good diversifiers for each other?
Yes: at -0.24, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between DUO and VTSI?
The DUO/VTSI correlation stands at -0.24 on a 3-year window (1 year: 0.10, 5 years: -0.16), computed from weekly returns as of 2026-08-27.
Is VTSI a good diversifier for DUO?
Yes: at -0.24, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.24 mean?
A reading of -0.24 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/duo-vs-vtsi.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/duo-vs-vtsi/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: DUO correlations · VTSI correlations
