FTFT vs PROK: Correlation
Future FinTech Group Inc. (FTFT) and ProKidney Corp. - Class A (PROK) show a strong relationship: their 3-year correlation of weekly returns is 0.77.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FTFT and PROK?
On 3 years of weekly data the FTFT/PROK correlation comes out at 0.77, strong. The past 12 months show a weaker link (0.13) than the 3-year average (0.77). The 5-year figure is 0.69, and annualized covariance runs at 43726.2 %².
PROK is one of the assets that tracks FTFT most closely: it ranks #2 out of the 19 assets we track against FTFT. The last year tells two different stories: PROK led by 71.5 percentage points, -98.4% for FTFT against -26.9% for PROK. One caveat on sizing: PROK is 2.4 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 PROK: side by side
| FTFT (Future FinTech Group Inc.) | PROK (ProKidney Corp. - Class A) | |
|---|---|---|
| 1-year return | -98.4% | -26.9% |
| 5-year return | -100.0% | -81.3% |
| Volatility (ann.) | 154.7% | 368.1% |
| Beta vs S&P 500 | 0.87 | 2.21 |
| Max drawdown (3Y) | -99.8% | -94.3% |
| Market cap | – | $0.7B |
| P/E (trailing) | 0.0 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FTFT | PROK |
|---|---|---|
| 2022 | -72.2% | -30.7% |
| 2023 | -1.1% | -74.1% |
| 2024 | -83.1% | -5.1% |
| 2025 | -75.2% | +32.5% |
| 2026 | -95.3% | -18.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FTFT and PROK good diversifiers for each other?
To a limited degree. At 0.77 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 PROK?
The FTFT/PROK correlation stands at 0.77 on a 3-year window (1 year: 0.13, 5 years: 0.69), computed from weekly returns as of 2026-08-27.
Is PROK a good diversifier for FTFT?
To a limited degree. At 0.77 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 0.77 mean?
A reading of 0.77 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-prok.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/ftft-vs-prok/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: FTFT correlations · PROK correlations
