FLL vs MPU: Correlation
Full House Resorts, Inc. (FLL) and Mega Matrix Inc. Class A (MPU) show a moderate relationship: their 3-year correlation of weekly returns is 0.30.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FLL and MPU?
Over the past 3 years, FLL and MPU moved with a correlation of 0.30, which is moderate. The past 12 months show a tighter link (0.56) than the 3-year average (0.30). Over 5 years the correlation is 0.22, and the annualized covariance of weekly returns is 2501.2 %².
MPU is close to the least connected end of FLL's tracked universe, ranking #12 of 15. The last year tells two different stories: FLL led by 45.7 percentage points, -45.6% for FLL against -91.3% for MPU. One caveat on sizing: MPU is 2.3 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.
FLL vs MPU: side by side
| FLL (Full House Resorts, Inc.) | MPU (Mega Matrix Inc. Class A) | |
|---|---|---|
| 1-year return | -45.6% | -91.3% |
| 5-year return | -75.5% | -96.8% |
| Volatility (ann.) | 59.8% | 137.9% |
| Beta vs S&P 500 | 1.44 | 1.05 |
| Max drawdown (3Y) | -66.2% | -95.1% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FLL | MPU |
|---|---|---|
| 2022 | -37.9% | -85.3% |
| 2023 | -28.6% | -19.9% |
| 2024 | -24.0% | -1.4% |
| 2025 | -36.0% | -34.5% |
| 2026 | -21.1% | -75.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FLL and MPU good diversifiers for each other?
Reasonably. At 0.30, FLL and MPU keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between FLL and MPU?
The FLL/MPU correlation stands at 0.30 on a 3-year window (1 year: 0.56, 5 years: 0.22), computed from weekly returns as of 2026-08-27.
Is MPU a good diversifier for FLL?
Reasonably. At 0.30, FLL and MPU keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.30 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/fll-vs-mpu.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/fll-vs-mpu/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: FLL correlations · MPU correlations
