FCUV vs MVIS: Correlation
How closely do Focus Universal Inc. (FCUV) and MicroVision, Inc. (MVIS) trade together? Their weekly returns over three years give a correlation of 0.82, which is very strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FCUV and MVIS?
Over the past 3 years, FCUV and MVIS moved with a correlation of 0.82, which is very strong, meaning they move nearly in lockstep. Lately the two have moved closer together, with the 1-year correlation at 0.92 versus 0.82 over 3 years. Over 5 years the correlation is 0.79, and the annualized covariance of weekly returns is 207794.3 %².
MVIS is one of the assets that tracks FCUV most closely: it ranks #1 out of the 33 assets we track against FCUV. Their recent paths diverged sharply: over the last 12 months MVIS outperformed by 153.7 percentage points (-85.8% for FCUV against +67.9% for MVIS). Note the risk asymmetry: MVIS runs 3.1 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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 MVIS: side by side
| FCUV (Focus Universal Inc.) | MVIS (MicroVision, Inc.) | |
|---|---|---|
| 1-year return | -85.8% | +67.9% |
| 5-year return | -99.4% | -87.1% |
| Volatility (ann.) | 287.5% | 882.4% |
| Beta vs S&P 500 | 0.68 | 3.46 |
| Max drawdown (3Y) | -99.8% | -95.3% |
| Market cap | – | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FCUV | MVIS |
|---|---|---|
| 2022 | -27.7% | -53.1% |
| 2023 | -65.8% | +13.2% |
| 2024 | -76.0% | -50.8% |
| 2025 | -76.9% | -36.6% |
| 2026 | -67.8% | +126.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FCUV and MVIS good diversifiers for each other?
No. With a correlation of 0.82, FCUV and MVIS move nearly in lockstep, so holding both adds very little diversification.
FAQ
What is the correlation between FCUV and MVIS?
The FCUV/MVIS correlation stands at 0.82 on a 3-year window (1 year: 0.92, 5 years: 0.79), computed from weekly returns as of 2026-08-27.
Is MVIS a good diversifier for FCUV?
No. With a correlation of 0.82, FCUV and MVIS move nearly in lockstep, so holding both adds very little diversification.
What does a correlation of 0.82 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/fcuv-vs-mvis.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/fcuv-vs-mvis/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: FCUV correlations · MVIS correlations
