FTFT vs SRFM: Correlation
Future FinTech Group Inc. (FTFT) and Surf Air Mobility Inc. (SRFM) show a moderate relationship: their 3-year correlation of weekly returns is 0.43.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FTFT and SRFM?
Over the past 3 years, FTFT and SRFM moved with a correlation of 0.43, which is moderate. The past 12 months show a weaker link (0.10) than the 3-year average (0.43). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 9967.3 %².
Among the 19 assets we track against FTFT, SRFM ranks #10 by 3-year correlation. The trailing year gives SRFM the advantage: -98.4% versus -83.9%, a 14.5-point spread.
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 SRFM: side by side
| FTFT (Future FinTech Group Inc.) | SRFM (Surf Air Mobility Inc.) | |
|---|---|---|
| 1-year return | -98.4% | -83.9% |
| 5-year return | -100.0% | n/a |
| Volatility (ann.) | 154.7% | 150.4% |
| Beta vs S&P 500 | 0.87 | 3.45 |
| Max drawdown (3Y) | -99.8% | -96.2% |
| 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 | SRFM |
|---|---|---|
| 2022 | -72.2% | – |
| 2023 | -1.1% | – |
| 2024 | -83.1% | -50.3% |
| 2025 | -75.2% | -64.0% |
| 2026 | -95.3% | -62.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FTFT and SRFM good diversifiers for each other?
Reasonably. At 0.43, FTFT and SRFM keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between FTFT and SRFM?
As of 2026-08-27, the correlation of weekly returns between FTFT and SRFM is 0.43 over 3 years, 0.10 over 1 year and n/a over 5 years.
Is SRFM a good diversifier for FTFT?
Reasonably. At 0.43, FTFT and SRFM keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.43 mean?
A reading of 0.43 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
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Related comparisons
Hubs: FTFT correlations · SRFM correlations
