UPXI vs. FWDI
UPXI (Upexi Inc.) and FWDI (Forward Industries, Inc) are both stocks. UPXI operates in Internet Content & Information (Communication Services), while FWDI operates in Footwear & Accessories (Consumer Cyclical). Over the past 3 years, UPXI returned -73.64%/yr vs -23.40%/yr for FWDI. At a 0.19 correlation, their price movements are largely independent.
Performance
UPXI vs. FWDI - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, UPXI achieves a -48.51% return, which is significantly lower than FWDI's -35.40% return.
UPXI
- 1D
- -4.69%
- 1M
- -35.45%
- YTD
- -48.51%
- 6M
- -56.53%
- 1Y
- -90.65%
- 3Y*
- -73.64%
- 5Y*
- —
- 10Y*
- —
FWDI
- 1D
- -3.17%
- 1M
- -6.77%
- YTD
- -35.40%
- 6M
- -38.56%
- 1Y
- -32.76%
- 3Y*
- -23.40%
- 5Y*
- -32.33%
- 10Y*
- -10.11%
UPXI vs. FWDI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
UPXI Upexi Inc. | -48.51% | -52.14% | -84.87% | -61.33% | -25.37% | -19.60% |
FWDI Forward Industries, Inc | -35.40% | 33.54% | -32.14% | -31.93% | -31.31% | -48.17% |
Correlation
The correlation between UPXI and FWDI is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.47 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (All Time) Calculated using the full available price history since Jun 24, 2021 | 0.19 |
Over the past year, UPXI and FWDI have become more correlated (0.47) than their long-term average of 0.19, meaning their price movements have been converging.
Fundamentals
UPXI:
$56.66M
FWDI:
$405.33M
UPXI:
-$4.10
FWDI:
-$20.47
UPXI:
1.84
FWDI:
5.03
UPXI:
$26.14M
FWDI:
$42.85M
UPXI:
$22.60M
FWDI:
$29.79M
UPXI:
-$52.70M
FWDI:
-$439.96M
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
UPXI vs. FWDI — Risk / Return Rank
UPXI
FWDI
UPXI vs. FWDI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Upexi Inc. (UPXI) and Forward Industries, Inc (FWDI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| UPXI | FWDI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.32 | ||
| Sortino ratioReturn per unit of downside risk | -1.49 | ||
| Omega ratioGain probability vs. loss probability | 0.88 | 1.05 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | -0.96 | -0.36 | -0.60 |
| Martin ratioReturn relative to average drawdown | -1.26 | -0.48 | -0.79 |
Loading charts...
Drawdowns
UPXI vs. FWDI - Drawdown Comparison
The maximum UPXI drawdown since its inception was -99.64%, roughly equal to the maximum FWDI drawdown of -98.85%. Use the drawdown chart below to compare losses from any high point for UPXI and FWDI.
Loading charts...
Drawdown Indicators
| UPXI | FWDI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.64% | -98.85% | -0.79% |
Max Drawdown (1Y)Largest decline over 1 year | -94.35% | -90.54% | -3.81% |
Max Drawdown (3Y)Largest decline over 3 years | -98.85% | -90.54% | -8.31% |
Max Drawdown (5Y)Largest decline over 5 years | -99.64% | -90.54% | -9.10% |
Max Drawdown (10Y)Largest decline over 10 years | — | -93.24% | — |
Current DrawdownCurrent decline from peak | -99.45% | -98.51% | -0.94% |
Average DrawdownAverage peak-to-trough decline | -72.94% | -82.26% | +9.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 71.62% | 69.03% | +2.59% |
Volatility
UPXI vs. FWDI - Volatility Comparison
Upexi Inc. (UPXI) and Forward Industries, Inc (FWDI) have volatilities of 26.21% and 26.91%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| UPXI | FWDI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 26.21% | 26.91% | -0.70% |
Volatility (6M)Calculated over the trailing 6-month period | 95.72% | 63.32% | +32.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 153.92% | 123.29% | +30.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 203.45% | 86.07% | +117.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 203.45% | 90.78% | +112.67% |
Dividends
UPXI vs. FWDI - Dividend Comparison
Neither UPXI nor FWDI has paid dividends to shareholders.
Financials
UPXI vs. FWDI - Financials Comparison
This section allows you to compare key financial metrics between Upexi Inc. and Forward Industries, Inc. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
UPXI and FWDI have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FWDI has higher volatility (26.91%) compared to UPXI (26.21%). In terms of maximum drawdown, UPXI dropped -99.64% vs FWDI's -98.85%.
FWDI currently has the higher Sharpe Ratio (-0.27 vs -0.59), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for UPXI and FWDI
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer