FTFT vs SUGP: Correlation
Measured on weekly returns over the past three years, Future FinTech Group Inc. (FTFT) and SU Group Holdings Limited - Class A (SUGP) carry a correlation of 0.52, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FTFT and SUGP?
On 3 years of weekly data the FTFT/SUGP correlation comes out at 0.52, moderate. The link has loosened recently: the 1-year correlation (0.10) runs below the 3-year figure (0.52). The 5-year figure is n/a, and annualized covariance runs at 11901.1 %².
By 3-year correlation, SUGP places #7 of the 19 assets tracked against FTFT. Neither side won the trailing year by much: -98.4% against -97.0%.
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 SUGP: side by side
| FTFT (Future FinTech Group Inc.) | SUGP (SU Group Holdings Limited - Class A) | |
|---|---|---|
| 1-year return | -98.4% | -97.0% |
| 5-year return | -100.0% | n/a |
| Volatility (ann.) | 154.7% | 143.4% |
| Beta vs S&P 500 | 0.87 | 1.47 |
| Max drawdown (3Y) | -99.8% | -99.8% |
| Market cap | – | – |
| P/E (trailing) | 0.0 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FTFT | SUGP |
|---|---|---|
| 2022 | -72.2% | – |
| 2023 | -1.1% | – |
| 2024 | -83.1% | – |
| 2025 | -75.2% | -44.7% |
| 2026 | -95.3% | -97.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FTFT and SUGP good diversifiers for each other?
Only partially. A correlation of 0.52 means FTFT and SUGP share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between FTFT and SUGP?
The FTFT/SUGP correlation stands at 0.52 on a 3-year window (1 year: 0.10, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is SUGP a good diversifier for FTFT?
Only partially. A correlation of 0.52 means FTFT and SUGP share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.52 mean?
On the −1 to +1 scale, 0.52 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/ftft-vs-sugp.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ftft-vs-sugp/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: FTFT correlations · SUGP correlations
