FRMM vs VS: Correlation
How closely do Forum Markets, Incorporated (FRMM) and Versus Systems Inc. (VS) trade together? Their weekly returns over three years give a correlation of 0.60, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FRMM and VS?
On 3 years of weekly data the FRMM/VS correlation comes out at 0.60, strong. The link has loosened recently: the 1-year correlation (0.23) runs below the 3-year figure (0.60). The 5-year figure is 0.44, and annualized covariance runs at 18609.2 %².
VS is one of the assets that tracks FRMM most closely: it ranks #2 out of the 15 assets we track against FRMM. Their recent paths diverged sharply: over the last 12 months VS outperformed by 52.4 percentage points (-81.0% for FRMM against -28.6% for VS). One caveat on sizing: FRMM is 1.7 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.
FRMM vs VS: side by side
| FRMM (Forum Markets, Incorporated) | VS (Versus Systems Inc.) | |
|---|---|---|
| 1-year return | -81.0% | -28.6% |
| 5-year return | -100.0% | -99.9% |
| Volatility (ann.) | 228.0% | 136.9% |
| Beta vs S&P 500 | 2.29 | 1.57 |
| Max drawdown (3Y) | -98.9% | -84.8% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FRMM | VS |
|---|---|---|
| 2022 | -95.7% | -98.5% |
| 2023 | -93.7% | -61.0% |
| 2024 | -55.2% | -27.4% |
| 2025 | -73.1% | -44.7% |
| 2026 | +15.5% | +12.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FRMM and VS good diversifiers for each other?
Somewhat, no more. With 0.60 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between FRMM and VS?
As of 2026-08-27, the correlation of weekly returns between FRMM and VS is 0.60 over 3 years, 0.23 over 1 year and 0.44 over 5 years.
Is VS a good diversifier for FRMM?
Somewhat, no more. With 0.60 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.60 mean?
A reading of 0.60 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/frmm-vs-vs.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/frmm-vs-vs/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: FRMM correlations · VS correlations
