FCUV vs TCX: Correlation
Measured on weekly returns over the past three years, Focus Universal Inc. (FCUV) and Tucows Inc. (TCX) carry a correlation of 0.52, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FCUV and TCX?
Across a 3-year window, the weekly returns of FCUV and TCX correlate at 0.52, moderate. The past 12 months show a tighter link (0.74) than the 3-year average (0.52). Stretching to 5 years gives 0.42, with an annualized covariance of 10798.3 %².
Within FCUV's tracked universe of 33 assets, TCX comes in at #9 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months TCX outperformed by 38.5 percentage points (-85.8% for FCUV against -47.3% for TCX). Note the risk asymmetry: FCUV runs 4.0 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 TCX: side by side
| FCUV (Focus Universal Inc.) | TCX (Tucows Inc.) | |
|---|---|---|
| 1-year return | -85.8% | -47.3% |
| 5-year return | -99.4% | -86.5% |
| Volatility (ann.) | 287.5% | 72.4% |
| Beta vs S&P 500 | 0.68 | 1.23 |
| Max drawdown (3Y) | -99.8% | -69.3% |
| 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 | TCX |
|---|---|---|
| 2022 | -27.7% | -59.5% |
| 2023 | -65.8% | -20.4% |
| 2024 | -76.0% | -36.5% |
| 2025 | -76.9% | +30.8% |
| 2026 | -67.8% | -55.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FCUV and TCX good diversifiers for each other?
Somewhat, no more. With 0.52 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between FCUV and TCX?
As of 2026-08-27, the correlation of weekly returns between FCUV and TCX is 0.52 over 3 years, 0.74 over 1 year and 0.42 over 5 years.
Is TCX a good diversifier for FCUV?
Somewhat, no more. With 0.52 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.52 mean?
On the −1 to +1 scale, 0.52 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/fcuv-vs-tcx.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/fcuv-vs-tcx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: FCUV correlations · TCX correlations
