FNUC vs KITT: Correlation
How closely do Frontier Nuclear and Minerals Inc. (FNUC) and Nauticus Robotics, Inc. (KITT) trade together? Their weekly returns over three years give a correlation of 0.53, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FNUC and KITT?
Across a 3-year window, the weekly returns of FNUC and KITT correlate at 0.53, moderate. The link has loosened recently: the 1-year correlation (0.26) runs below the 3-year figure (0.53). Stretching to 5 years gives 0.45, with an annualized covariance of 16724.3 %².
Among the 26 assets we track against FNUC, KITT ranks #14 by 3-year correlation. The last year tells two different stories: FNUC led by 39.8 percentage points, -59.1% for FNUC against -98.9% for KITT. Note the risk asymmetry: FNUC runs 1.8 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
FNUC vs KITT: side by side
| FNUC (Frontier Nuclear and Minerals Inc.) | KITT (Nauticus Robotics, Inc.) | |
|---|---|---|
| 1-year return | -59.1% | -98.9% |
| 5-year return | -99.0% | -100.0% |
| Volatility (ann.) | 237.4% | 133.4% |
| Beta vs S&P 500 | 1.55 | 1.50 |
| Max drawdown (3Y) | -94.2% | -100.0% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FNUC | KITT |
|---|---|---|
| 2022 | -60.4% | -62.4% |
| 2023 | -48.7% | -81.9% |
| 2024 | -17.9% | -93.6% |
| 2025 | -76.0% | -94.5% |
| 2026 | -43.3% | -87.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FNUC and KITT good diversifiers for each other?
Somewhat, no more. With 0.53 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between FNUC and KITT?
The FNUC/KITT correlation stands at 0.53 on a 3-year window (1 year: 0.26, 5 years: 0.45), computed from weekly returns as of 2026-08-27.
Is KITT a good diversifier for FNUC?
Somewhat, no more. With 0.53 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.53 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/fnuc-vs-kitt.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/fnuc-vs-kitt/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: FNUC correlations · KITT correlations
