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FNUC vs RUM: Correlation

Frontier Nuclear and Minerals Inc. (FNUC) and RUM Group Inc. (RUM) show a moderate relationship: their 3-year correlation of weekly returns is 0.58.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.58
moderate
Correlation (1Y)
0.48
last 12 months
Correlation (5Y)
0.49
long-run
Ann. covariance
13835.6
%² · weekly, annualized

How correlated are FNUC and RUM?

On 3 years of weekly data the FNUC/RUM correlation comes out at 0.58, moderate. The relationship has been stable: the 1-year correlation (0.48) sits close to the 3-year figure. The 5-year figure is 0.49, and annualized covariance runs at 13835.6 %².

Among the 26 assets we track against FNUC, RUM ranks #9 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months RUM outperformed by 84.0 percentage points (-59.1% for FNUC against +24.9% for RUM). Note the risk asymmetry: FNUC runs 2.4 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 RUM: side by side

FNUC (Frontier Nuclear and Minerals Inc.)RUM (RUM Group Inc.)
1-year return-59.1%+24.9%
5-year return-99.0%-2.7%
Volatility (ann.)237.4%100.2%
Beta vs S&P 5001.552.14
Max drawdown (3Y)-94.2%-71.3%
Market cap$0.1B$4.7B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: RUM -71.3% vs -94.2%Higher 5y return: RUM -2.7% vs -99.0%
-59%0%+33%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. FNUC · RUM

Year-by-year returns

YearFNUCRUM
2022-60.4%-45.1%
2023-48.7%-24.5%
2024-17.9%+189.8%
2025-76.0%-51.4%
2026-43.3%+49.2%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are FNUC and RUM good diversifiers for each other?

To a limited degree. At 0.58 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.

FAQ

What is the correlation between FNUC and RUM?

The FNUC/RUM correlation stands at 0.58 on a 3-year window (1 year: 0.48, 5 years: 0.49), computed from weekly returns as of 2026-08-27.

Is RUM a good diversifier for FNUC?

To a limited degree. At 0.58 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.

What does a correlation of 0.58 mean?

On the −1 to +1 scale, 0.58 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

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$ curl https://www.pairbook.io/api/v1/pairs/fnuc-vs-rum.json

FNUC vs RUM: 3-year weekly correlation 0.58FNUC vs RUM0.58

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Hubs: FNUC correlations · RUM correlations