FTFT vs RXST: Correlation
Measured on weekly returns over the past three years, Future FinTech Group Inc. (FTFT) and RxSight, Inc. (RXST) carry a correlation of -0.21, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FTFT and RXST?
Across a 3-year window, the weekly returns of FTFT and RXST correlate at -0.21, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (0.10) runs above the 3-year figure (-0.21). Stretching to 5 years gives -0.14, with an annualized covariance of -2091.0 %².
Out of 19 assets tracked against FTFT, RXST lands near the bottom at #18. Their recent paths diverged sharply: over the last 12 months RXST outperformed by 75.7 percentage points (-98.4% for FTFT against -22.7% for RXST). Note the risk asymmetry: FTFT 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.
FTFT vs RXST: side by side
| FTFT (Future FinTech Group Inc.) | RXST (RxSight, Inc.) | |
|---|---|---|
| 1-year return | -98.4% | -22.7% |
| 5-year return | -100.0% | -57.2% |
| Volatility (ann.) | 154.7% | 65.8% |
| Beta vs S&P 500 | 0.87 | 1.40 |
| Max drawdown (3Y) | -99.8% | -92.9% |
| Market cap | – | $0.3B |
| P/E (trailing) | 0.0 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FTFT | RXST |
|---|---|---|
| 2022 | -72.2% | +12.6% |
| 2023 | -1.1% | +218.2% |
| 2024 | -83.1% | -14.7% |
| 2025 | -75.2% | -69.7% |
| 2026 | -95.3% | -36.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FTFT and RXST good diversifiers for each other?
Yes: at -0.21, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between FTFT and RXST?
Using weekly returns as of 2026-08-27: -0.21 over 3 years, with 0.10 over the last year and -0.14 over 5 years.
Is RXST a good diversifier for FTFT?
Yes: at -0.21, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.21 mean?
A reading of -0.21 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-rxst.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/ftft-vs-rxst/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: FTFT correlations · RXST correlations
