FIEE vs NXTS: Correlation
How closely do FiEE, Inc (FIEE) and Nexentis Technologies Inc. (NXTS) trade together? Their weekly returns over three years give a correlation of 0.39, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FIEE and NXTS?
Over the past 3 years, FIEE and NXTS moved with a correlation of 0.39, which is moderate. The link has loosened recently: the 1-year correlation (-0.06) runs below the 3-year figure (0.39). Over 5 years the correlation is 0.38, and the annualized covariance of weekly returns is 61416.2 %².
NXTS is one of the assets that tracks FIEE most closely: it ranks #3 out of the 12 assets we track against FIEE. The last year tells two different stories: FIEE led by 141.4 percentage points, +45.1% for FIEE against -96.3% for NXTS. One caveat on sizing: NXTS is 2.0 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
FIEE vs NXTS: side by side
| FIEE (FiEE, Inc) | NXTS (Nexentis Technologies Inc.) | |
|---|---|---|
| 1-year return | +45.1% | -96.3% |
| 5-year return | -92.3% | -100.0% |
| Volatility (ann.) | 279.4% | 565.9% |
| Beta vs S&P 500 | 0.29 | 0.14 |
| Max drawdown (3Y) | -98.1% | -99.9% |
| Market cap | – | – |
| P/E (trailing) | 9.0 | 0.2 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FIEE | NXTS |
|---|---|---|
| 2022 | -84.8% | -81.2% |
| 2023 | -58.5% | -62.2% |
| 2024 | -88.8% | -87.6% |
| 2025 | +1359.1% | -80.6% |
| 2026 | +28.8% | -83.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FIEE and NXTS good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.39 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between FIEE and NXTS?
The FIEE/NXTS correlation stands at 0.39 on a 3-year window (1 year: -0.06, 5 years: 0.38), computed from weekly returns as of 2026-08-27.
Is NXTS a good diversifier for FIEE?
Yes, to a useful degree: a correlation of 0.39 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.39 mean?
On the −1 to +1 scale, 0.39 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/fiee-vs-nxts.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/fiee-vs-nxts/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: FIEE correlations · NXTS correlations
