FGI vs YYAI: Correlation
FGI Industries Ltd. (FGI) and AiRWA Inc. (YYAI) show a moderate relationship: their 3-year correlation of weekly returns is 0.47.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FGI and YYAI?
Over the past 3 years, FGI and YYAI moved with a correlation of 0.47, which is moderate. Lately the two have moved closer together, with the 1-year correlation at 0.58 versus 0.47 over 3 years. Over 5 years the correlation is 0.45, and the annualized covariance of weekly returns is 53067.7 %².
Within FGI's tracked universe of 13 assets, YYAI comes in at #4 by 3-year correlation. The last year tells two different stories: FGI led by 175.0 percentage points, +75.0% for FGI against -100.0% for YYAI. Risk is not evenly split, since YYAI carries 6.3 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.
FGI vs YYAI: side by side
| FGI (FGI Industries Ltd.) | YYAI (AiRWA Inc.) | |
|---|---|---|
| 1-year return | +75.0% | -100.0% |
| 5-year return | -61.6% | -100.0% |
| Volatility (ann.) | 133.7% | 848.8% |
| Beta vs S&P 500 | 1.29 | -0.53 |
| Max drawdown (3Y) | -72.6% | -100.0% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FGI | YYAI |
|---|---|---|
| 2022 | – | -98.6% |
| 2023 | -23.7% | -97.8% |
| 2024 | -52.7% | -69.5% |
| 2025 | +47.1% | -98.7% |
| 2026 | +31.4% | -96.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FGI and YYAI good diversifiers for each other?
Reasonably. At 0.47, FGI and YYAI keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between FGI and YYAI?
Using weekly returns as of 2026-08-27: 0.47 over 3 years, with 0.58 over the last year and 0.45 over 5 years.
Is YYAI a good diversifier for FGI?
Reasonably. At 0.47, FGI and YYAI keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.47 mean?
On the −1 to +1 scale, 0.47 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/fgi-vs-yyai.json
Embed this badge (it refreshes with the data), with attribution:
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Related comparisons
Hubs: FGI correlations · YYAI correlations
