MFI vs USBC: Correlation
Measured on weekly returns over the past three years, mF International Limited - Class A (MFI) and USBC, Inc. (USBC) carry a correlation of 0.49, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MFI and USBC?
Over the past 3 years, MFI and USBC moved with a correlation of 0.49, which is moderate. The link has loosened recently: the 1-year correlation (0.08) runs below the 3-year figure (0.49). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 17805.9 %².
Few assets follow MFI as closely as USBC, which ranks #1 of 16 tracked partners. The last year tells two different stories: USBC led by 17.6 percentage points, -75.3% for MFI against -57.7% for USBC.
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.
MFI vs USBC: side by side
| MFI (mF International Limited - Class A) | USBC (USBC, Inc.) | |
|---|---|---|
| 1-year return | -75.3% | -57.7% |
| 5-year return | n/a | -99.5% |
| Volatility (ann.) | 180.8% | 193.2% |
| Beta vs S&P 500 | 2.81 | 2.72 |
| Max drawdown (3Y) | -95.8% | -99.2% |
| Market cap | $0.5B | $0.2B |
| P/E (trailing) | 5.2 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MFI | USBC |
|---|---|---|
| 2022 | – | -5.9% |
| 2023 | – | -68.1% |
| 2024 | – | -66.7% |
| 2025 | +245.6% | -90.7% |
| 2026 | -50.9% | -29.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MFI and USBC good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.49 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between MFI and USBC?
The MFI/USBC correlation stands at 0.49 on a 3-year window (1 year: 0.08, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is USBC a good diversifier for MFI?
Yes, to a useful degree: a correlation of 0.49 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.49 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
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Related comparisons
Hubs: MFI correlations · USBC correlations
