FCUV vs SPY: Correlation
Focus Universal Inc. (FCUV) and SPDR S&P 500 ETF Trust (SPY) show a near-zero relationship: their 3-year correlation of weekly returns is 0.03.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FCUV and SPY?
Over the past 3 years, FCUV and SPY moved with a correlation of 0.03, which is near zero, meaning they move largely independently. Little has changed lately, as the 1-year reading of -0.04 lands near the 3-year figure. Over 5 years the correlation is 0.08, and the annualized covariance of weekly returns is 142.5 %².
Within FCUV's tracked universe of 33 assets, SPY comes in at #13 by 3-year correlation. The last year tells two different stories: SPY led by 106.4 percentage points, -85.8% for FCUV against +20.6% for SPY. Risk is not evenly split, since FCUV carries 19.8 times the volatility of the other side.
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 SPY: side by side
| FCUV (Focus Universal Inc.) | SPY (SPDR S&P 500 ETF Trust) | |
|---|---|---|
| 1-year return | -85.8% | +20.6% |
| 5-year return | -99.4% | +82.4% |
| Volatility (ann.) | 287.5% | 14.5% |
| Beta vs S&P 500 | 0.68 | 1.00 |
| Max drawdown (3Y) | -99.8% | -18.8% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 1.01% |
| Expense ratio | – | 0.09% |
| Assets under management | – | $795.3B |
| Sector / category | US Listed | ETF · US Large Cap |
SPY is a Large Blend fund from State Street Investment Management: $795.3B under management, 504 holdings, a 0.09% expense ratio, a 1.01% trailing dividend yield.
Year-by-year returns
| Year | FCUV | SPY |
|---|---|---|
| 2022 | -27.7% | -18.2% |
| 2023 | -65.8% | +26.2% |
| 2024 | -76.0% | +24.9% |
| 2025 | -76.9% | +17.7% |
| 2026 | -67.8% | +13.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FCUV and SPY good diversifiers for each other?
Yes. With a correlation of 0.03, FCUV and SPY have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between FCUV and SPY?
As of 2026-08-27, the correlation of weekly returns between FCUV and SPY is 0.03 over 3 years, -0.04 over 1 year and 0.08 over 5 years.
Is SPY a good diversifier for FCUV?
Yes. With a correlation of 0.03, FCUV and SPY have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of 0.03 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.
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Related comparisons
Hubs: FCUV correlations · SPY correlations
