Which stocks are most correlated with FUFU?

Based on one year of daily returns, the stocks most correlated with BitFuFu Inc. Class A Ordinary Shares (FUFU) are FDIG (0.45), BTCS (0.44) and SATO (0.44). A correlation near 1.00 means the two stocks' daily moves have tracked each other closely over the period.

Which stocks are inversely correlated with FUFU?

Over the past year, the stocks most inversely correlated with BitFuFu Inc. Class A Ordinary Shares (FUFU) are EUM (-0.39), EDZ (-0.39) and TWM (-0.38). A negative correlation means the two stocks have tended to move in opposite directions.

BitFuFu Inc. Class A Ordinary Shares (FUFU) — Stock Correlations & Overview

Over the past year, FUFU has moved most closely with FDIG, BTCS, SATO. Explore the stocks most correlated and inversely correlated with FUFU below, along with its price, financials, and company profile.

Stocks correlated with FUFU

Correlation of daily returns. Higher positive values move with FUFU; negative values move opposite it. Informational only, not investment advice.

Most correlated with FUFU

Symbol	Company	Correlation
FDIG	Fidelity Crypto Industry and Digital Payments ETF	0.45
BTCS	BTCS Inc. Common StockFINANCE SERVICES	0.44
SATO	Invesco Alerian Galaxy Crypto Economy ETFINVESTMENT ADVICE	0.44
SPUT	Innovator Equity Premium Income - Daily PutWrite ETF	0.44
CLSM	Exchange Listed Funds Trust ETC Cabana Target Leading Sector Moderate ETF	0.44

Most inversely correlated with FUFU

Symbol	Company	Correlation
EUM	ProShares Trust Short MSCI Emerging Markets	-0.39
EDZ	Direxion Daily MSCI Emerging Markets Bear 3X ETF	-0.39
TWM	ProShares UltraShort Russell2000	-0.38
RWM	ProShares Short Russell2000	-0.38
TZA	Direxion Daily Small Cap Bear 3x ETF	-0.38

Frequently asked questions about FUFU correlations

Which stocks are most correlated with FUFU?: Based on one year of daily returns, the stocks most correlated with BitFuFu Inc. Class A Ordinary Shares (FUFU) are FDIG (0.45), BTCS (0.44) and SATO (0.44). A correlation near 1.00 means the two stocks' daily moves have tracked each other closely over the period.
Which stocks are inversely correlated with FUFU?: Over the past year, the stocks most inversely correlated with BitFuFu Inc. Class A Ordinary Shares (FUFU) are EUM (-0.39), EDZ (-0.39) and TWM (-0.38). A negative correlation means the two stocks have tended to move in opposite directions.
What does a correlation of 0.8 mean for a stock?: Correlation measures how closely two stocks' daily returns move together, on a scale from -1 to 1. At 0.8, the two stocks have moved in the same direction on most days — though not by identical amounts. A value near 0 means their moves have been unrelated, and a negative value means they have tended to move in opposite directions. Correlation reflects past behavior and can change over time.
How are these FUFU correlations calculated?: We compute the correlation of daily returns between FUFU and roughly 9,000 other US-listed stocks and ETFs over the trailing one-year window, then rank the strongest positive and negative relationships. The data is refreshed monthly. It is informational and educational only — not investment advice.

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