FUFU vs RKLB: Correlation
How closely do BitFuFu Inc. - Class A (FUFU) and Rocket Lab Corporation (RKLB) trade together? Their weekly returns over three years give a correlation of 0.32, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FUFU and RKLB?
Across a 3-year window, the weekly returns of FUFU and RKLB correlate at 0.32, moderate. Recent behaviour matches the longer record: 0.23 over 1 year against 0.32 over 3. Stretching to 5 years gives 0.26, with an annualized covariance of 2284.1 %².
By 3-year correlation, RKLB places #5 of the 11 assets tracked against FUFU. The last year tells two different stories: RKLB led by 109.7 percentage points, -63.7% for FUFU against +46.0% for RKLB.
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.
FUFU vs RKLB: side by side
| FUFU (BitFuFu Inc. - Class A) | RKLB (Rocket Lab Corporation) | |
|---|---|---|
| 1-year return | -63.7% | +46.0% |
| 5-year return | -85.4% | +573.3% |
| Volatility (ann.) | 84.0% | 85.6% |
| Beta vs S&P 500 | 1.01 | 2.58 |
| Max drawdown (3Y) | -90.4% | -61.0% |
| Market cap | $0.2B | $43.2B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FUFU | RKLB |
|---|---|---|
| 2022 | +3.5% | -69.3% |
| 2023 | +8.0% | +46.7% |
| 2024 | -54.6% | +360.6% |
| 2025 | -46.7% | +173.9% |
| 2026 | -46.2% | -3.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FUFU and RKLB good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.32 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between FUFU and RKLB?
The FUFU/RKLB correlation stands at 0.32 on a 3-year window (1 year: 0.23, 5 years: 0.26), computed from weekly returns as of 2026-08-27.
Is RKLB a good diversifier for FUFU?
Yes, to a useful degree: a correlation of 0.32 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.32 mean?
On the −1 to +1 scale, 0.32 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.
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Related comparisons
Hubs: FUFU correlations · RKLB correlations
