FCUV vs LEXX: Correlation
Measured on weekly returns over the past three years, Focus Universal Inc. (FCUV) and Lexaria Bioscience Corp. (LEXX) carry a correlation of 0.81, a very strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FCUV and LEXX?
Across a 3-year window, the weekly returns of FCUV and LEXX correlate at 0.81, very strong, meaning they move nearly in lockstep. Lately the two have moved closer together, with the 1-year correlation at 0.93 versus 0.81 over 3 years. Stretching to 5 years gives 0.78, with an annualized covariance of 130515.5 %².
In FCUV's tracked universe of 33 assets, LEXX sits right near the top at #2. The last year tells two different stories: LEXX led by 1304.1 percentage points, -85.8% for FCUV against +1218.3% for LEXX. One caveat on sizing: LEXX is 1.9 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.
FCUV vs LEXX: side by side
| FCUV (Focus Universal Inc.) | LEXX (Lexaria Bioscience Corp.) | |
|---|---|---|
| 1-year return | -85.8% | +1218.3% |
| 5-year return | -99.4% | +89.6% |
| Volatility (ann.) | 287.5% | 559.5% |
| Beta vs S&P 500 | 0.68 | 1.66 |
| Max drawdown (3Y) | -99.8% | -95.6% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FCUV | LEXX |
|---|---|---|
| 2022 | -27.7% | -39.0% |
| 2023 | -65.8% | -49.2% |
| 2024 | -76.0% | +68.0% |
| 2025 | -76.9% | -70.6% |
| 2026 | -67.8% | +1793.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FCUV and LEXX good diversifiers for each other?
No. With a correlation of 0.81, FCUV and LEXX move nearly in lockstep, so holding both adds very little diversification.
FAQ
What is the correlation between FCUV and LEXX?
As of 2026-08-27, the correlation of weekly returns between FCUV and LEXX is 0.81 over 3 years, 0.93 over 1 year and 0.78 over 5 years.
Is LEXX a good diversifier for FCUV?
No. With a correlation of 0.81, FCUV and LEXX move nearly in lockstep, so holding both adds very little diversification.
What does a correlation of 0.81 mean?
A reading of 0.81 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/fcuv-vs-lexx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/fcuv-vs-lexx/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: FCUV correlations · LEXX correlations
