FABC vs WFCF: Correlation
How closely do Fabric.AI, Inc. (FABC) and Where Food Comes From, Inc. (WFCF) trade together? Their weekly returns over three years give a correlation of 0.48, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FABC and WFCF?
Across a 3-year window, the weekly returns of FABC and WFCF correlate at 0.48, moderate. Little has changed lately, as the 1-year reading of 0.58 lands near the 3-year figure. Stretching to 5 years gives 0.31, with an annualized covariance of 2491.2 %².
WFCF is one of the assets that tracks FABC most closely: it ranks #2 out of the 10 assets we track against FABC. The last year tells two different stories: WFCF led by 63.1 percentage points, -52.7% for FABC against +10.4% for WFCF. One caveat on sizing: FABC is 1.6 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
FABC vs WFCF: side by side
| FABC (Fabric.AI, Inc.) | WFCF (Where Food Comes From, Inc.) | |
|---|---|---|
| 1-year return | -52.7% | +10.4% |
| 5-year return | -99.5% | +0.4% |
| Volatility (ann.) | 91.5% | 57.1% |
| Beta vs S&P 500 | 1.87 | 0.27 |
| Max drawdown (3Y) | -97.7% | -49.1% |
| Market cap | – | $0.1B |
| P/E (trailing) | – | 45.7 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FABC | WFCF |
|---|---|---|
| 2022 | -76.4% | -3.7% |
| 2023 | -42.1% | -3.0% |
| 2024 | -61.4% | -2.3% |
| 2025 | -77.5% | -13.2% |
| 2026 | +13.9% | +15.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FABC and WFCF good diversifiers for each other?
Reasonably. At 0.48, FABC and WFCF keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between FABC and WFCF?
As of 2026-08-27, the correlation of weekly returns between FABC and WFCF is 0.48 over 3 years, 0.58 over 1 year and 0.31 over 5 years.
Is WFCF a good diversifier for FABC?
Reasonably. At 0.48, FABC and WFCF keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.48 mean?
A reading of 0.48 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
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Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/fabc-vs-wfcf/)
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Related comparisons
Hubs: FABC correlations · WFCF correlations
