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FCUV vs TOP: Correlation

Measured on weekly returns over the past three years, Focus Universal Inc. (FCUV) and TOP Financial Group Limited - Class A (TOP) carry a correlation of 0.77, a strong link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.77
strong
Correlation (1Y)
0.92
last 12 months
Correlation (5Y)
0.25
long-run
Ann. covariance
50900.6
%² · weekly, annualized

How correlated are FCUV and TOP?

Over the past 3 years, FCUV and TOP moved with a correlation of 0.77, which is strong. Lately the two have moved closer together, with the 1-year correlation at 0.92 versus 0.77 over 3 years. Over 5 years the correlation is 0.25, and the annualized covariance of weekly returns is 50900.6 %².

Few assets follow FCUV as closely as TOP, which ranks #3 of 33 tracked partners. Correlation aside, the last 12 months split them widely, with TOP ahead by 1303.7 points (-85.8% versus +1217.9%).

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 TOP: side by side

FCUV (Focus Universal Inc.)TOP (TOP Financial Group Limited - Class A)
1-year return-85.8%+1217.9%
5-year return-99.4%-9.2%
Volatility (ann.)287.5%230.2%
Beta vs S&P 5000.681.60
Max drawdown (3Y)-99.8%-89.6%
Market cap$1.9B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: TOP -89.6% vs -99.8%Higher 5y return: TOP -9.2% vs -99.4%
-97%0%+1241%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). FCUV · TOP

Year-by-year returns

YearFCUVTOP
2022-27.7%
2023-65.8%-22.5%
2024-76.0%-59.5%
2025-76.9%-34.3%
2026-67.8%+1434.3%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are FCUV and TOP good diversifiers for each other?

To a limited degree. At 0.77 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.

FAQ

What is the correlation between FCUV and TOP?

As of 2026-08-27, the correlation of weekly returns between FCUV and TOP is 0.77 over 3 years, 0.92 over 1 year and 0.25 over 5 years.

Is TOP a good diversifier for FCUV?

To a limited degree. At 0.77 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.

What does a correlation of 0.77 mean?

On the −1 to +1 scale, 0.77 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/fcuv-vs-top.json

FCUV vs TOP: 3-year weekly correlation 0.77FCUV vs TOP0.77

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Related comparisons

Hubs: FCUV correlations · TOP correlations