FCUV vs MKTX: Correlation
Focus Universal Inc. (FCUV) and MarketAxess Holdings, Inc. (MKTX) show a moderate relationship: their 3-year correlation of weekly returns is 0.51.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FCUV and MKTX?
On 3 years of weekly data the FCUV/MKTX correlation comes out at 0.51, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.70 versus 0.51 over 3 years. The 5-year figure is 0.40, and annualized covariance runs at 5513.7 %².
Within FCUV's tracked universe of 33 assets, MKTX comes in at #10 by 3-year correlation. Correlation aside, the last 12 months split them widely, with MKTX ahead by 74.1 points (-85.8% versus -11.7%). One caveat on sizing: FCUV is 7.6 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.
FCUV vs MKTX: side by side
| FCUV (Focus Universal Inc.) | MKTX (MarketAxess Holdings, Inc.) | |
|---|---|---|
| 1-year return | -85.8% | -11.7% |
| 5-year return | -99.4% | -63.7% |
| Volatility (ann.) | 287.5% | 37.8% |
| Beta vs S&P 500 | 0.68 | 0.21 |
| Max drawdown (3Y) | -99.8% | -61.8% |
| Market cap | – | $5.7B |
| P/E (trailing) | – | 19.2 |
| Dividend yield | 0.00% | 1.90% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FCUV | MKTX |
|---|---|---|
| 2022 | -27.7% | -31.5% |
| 2023 | -65.8% | +6.1% |
| 2024 | -76.0% | -21.8% |
| 2025 | -76.9% | -18.5% |
| 2026 | -67.8% | -9.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FCUV and MKTX good diversifiers for each other?
Only partially. A correlation of 0.51 means FCUV and MKTX share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between FCUV and MKTX?
The FCUV/MKTX correlation stands at 0.51 on a 3-year window (1 year: 0.70, 5 years: 0.40), computed from weekly returns as of 2026-08-27.
Is MKTX a good diversifier for FCUV?
Only partially. A correlation of 0.51 means FCUV and MKTX share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.51 mean?
A reading of 0.51 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-mktx.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/fcuv-vs-mktx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: FCUV correlations · MKTX correlations
