FLYE vs YUM: Correlation
How closely do Fly-E Group, Inc. (FLYE) and Yum! Brands (YUM) trade together? Their weekly returns over three years give a correlation of -0.21, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FLYE and YUM?
Over the past 3 years, FLYE and YUM moved with a correlation of -0.21, which is negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.30 lands near the 3-year figure. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -719.3 %².
By 3-year correlation, YUM places #25 of the 44 assets tracked against FLYE. The last year tells two different stories: YUM led by 94.7 percentage points, -89.0% for FLYE against +5.7% for YUM. One caveat on sizing: FLYE is 7.2 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.
FLYE vs YUM: side by side
| FLYE (Fly-E Group, Inc.) | YUM (Yum! Brands) | |
|---|---|---|
| 1-year return | -89.0% | +5.7% |
| 5-year return | n/a | +26.2% |
| Volatility (ann.) | 153.0% | 21.3% |
| Beta vs S&P 500 | 1.73 | 0.34 |
| Max drawdown (3Y) | -99.8% | -14.5% |
| Market cap | – | $41.1B |
| P/E (trailing) | – | 19.0 |
| Dividend yield | 0.00% | 0.95% |
| Sector / category | US Listed | Consumer Discretionary |
Year-by-year returns
| Year | FLYE | YUM |
|---|---|---|
| 2022 | – | -6.0% |
| 2023 | – | +3.9% |
| 2024 | – | +4.7% |
| 2025 | -92.1% | +14.9% |
| 2026 | -74.4% | +0.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FLYE and YUM good diversifiers for each other?
Yes. With a correlation of -0.21, FLYE and YUM have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between FLYE and YUM?
Using weekly returns as of 2026-08-27: -0.21 over 3 years, with -0.30 over the last year and n/a over 5 years.
Is YUM a good diversifier for FLYE?
Yes. With a correlation of -0.21, FLYE and YUM have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.21 mean?
A reading of -0.21 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/flye-vs-yum.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/flye-vs-yum/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: FLYE correlations · YUM correlations
