FTFT vs INKT: Correlation
How closely do Future FinTech Group Inc. (FTFT) and MiNK Therapeutics, Inc. (INKT) trade together? Their weekly returns over three years give a correlation of 0.79, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FTFT and INKT?
Across a 3-year window, the weekly returns of FTFT and INKT correlate at 0.79, strong. Lately the two have drifted apart, with the 1-year correlation at 0.09 versus 0.79 over 3 years. Stretching to 5 years gives 0.72, with an annualized covariance of 56535.0 %².
Few assets follow FTFT as closely as INKT, which ranks #1 of 19 tracked partners. The last year tells two different stories: INKT led by 71.5 percentage points, -98.4% for FTFT against -26.9% for INKT. One caveat on sizing: INKT is 3.0 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.
FTFT vs INKT: side by side
| FTFT (Future FinTech Group Inc.) | INKT (MiNK Therapeutics, Inc.) | |
|---|---|---|
| 1-year return | -98.4% | -26.9% |
| 5-year return | -100.0% | -90.3% |
| Volatility (ann.) | 154.7% | 464.2% |
| Beta vs S&P 500 | 0.87 | 0.50 |
| Max drawdown (3Y) | -99.8% | -86.7% |
| Market cap | – | $0.1B |
| P/E (trailing) | 0.0 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FTFT | INKT |
|---|---|---|
| 2022 | -72.2% | -41.5% |
| 2023 | -1.1% | -59.0% |
| 2024 | -83.1% | -34.9% |
| 2025 | -75.2% | +60.0% |
| 2026 | -95.3% | +4.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FTFT and INKT good diversifiers for each other?
To a limited degree. At 0.79 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 FTFT and INKT?
As of 2026-08-27, the correlation of weekly returns between FTFT and INKT is 0.79 over 3 years, 0.09 over 1 year and 0.72 over 5 years.
Is INKT a good diversifier for FTFT?
To a limited degree. At 0.79 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 0.79 mean?
A reading of 0.79 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/ftft-vs-inkt.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ftft-vs-inkt/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: FTFT correlations · INKT correlations
