FC vs MKDW: Correlation
Franklin Covey Company (FC) and MKDWELL Tech Inc. (MKDW) show a moderate relationship: their 3-year correlation of weekly returns is 0.42.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FC and MKDW?
Across a 3-year window, the weekly returns of FC and MKDW correlate at 0.42, moderate. The link has tightened recently: the 1-year correlation (0.56) runs above the 3-year figure (0.42). Stretching to 5 years gives n/a, with an annualized covariance of 2832.2 %².
Among the 15 assets we track against FC, MKDW ranks #6 by 3-year correlation. The last year tells two different stories: MKDW led by 79.7 percentage points, +3.4% for FC against +83.1% for MKDW. One caveat on sizing: MKDW is 2.5 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.
FC vs MKDW: side by side
| FC (Franklin Covey Company) | MKDW (MKDWELL Tech Inc.) | |
|---|---|---|
| 1-year return | +3.4% | +83.1% |
| 5-year return | -52.7% | n/a |
| Volatility (ann.) | 52.1% | 130.7% |
| Beta vs S&P 500 | 1.11 | 1.90 |
| Max drawdown (3Y) | -74.0% | -99.4% |
| Market cap | – | – |
| P/E (trailing) | 135.7 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FC | MKDW |
|---|---|---|
| 2022 | +0.9% | – |
| 2023 | -6.9% | – |
| 2024 | -13.7% | -91.3% |
| 2025 | -55.3% | -82.6% |
| 2026 | +21.3% | +138.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FC and MKDW good diversifiers for each other?
Reasonably. At 0.42, FC and MKDW keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between FC and MKDW?
As of 2026-08-27, the correlation of weekly returns between FC and MKDW is 0.42 over 3 years, 0.56 over 1 year and n/a over 5 years.
Is MKDW a good diversifier for FC?
Reasonably. At 0.42, FC and MKDW keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.42 mean?
On the −1 to +1 scale, 0.42 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/fc-vs-mkdw.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/fc-vs-mkdw/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: FC correlations · MKDW correlations
