BATRK vs NFJ: Correlation
Measured on weekly returns over the past three years, Atlanta Braves Holdings, Inc. - Series C (BATRK) and Virtus Dividend, Interest & Premium Strategy Fund (NFJ) carry a correlation of 0.48, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BATRK and NFJ?
On 3 years of weekly data the BATRK/NFJ correlation comes out at 0.48, moderate. The past 12 months show a weaker link (0.35) than the 3-year average (0.48). The 5-year figure is 0.42, and annualized covariance runs at 126.8 %².
In BATRK's tracked universe of 12 assets, NFJ sits right near the top at #2. The last year tells two different stories: NFJ led by 17.7 percentage points, +13.3% for BATRK against +31.0% for NFJ.
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.
BATRK vs NFJ: side by side
| BATRK (Atlanta Braves Holdings, Inc. - Series C) | NFJ (Virtus Dividend, Interest & Premium Strategy Fund) | |
|---|---|---|
| 1-year return | +13.3% | +31.0% |
| 5-year return | +96.3% | +50.8% |
| Volatility (ann.) | 19.0% | 13.8% |
| Beta vs S&P 500 | 0.50 | 0.73 |
| Max drawdown (3Y) | -18.7% | -17.0% |
| Market cap | $3.3B | $1.5B |
| P/E (trailing) | – | 9.8 |
| Dividend yield | 0.00% | 7.83% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BATRK | NFJ |
|---|---|---|
| 2022 | +14.7% | -23.9% |
| 2023 | +22.8% | +21.3% |
| 2024 | -3.3% | +10.0% |
| 2025 | +3.1% | +12.4% |
| 2026 | +28.8% | +26.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BATRK and NFJ good diversifiers for each other?
A fair diversifier. At 0.48, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between BATRK and NFJ?
As of 2026-08-27, the correlation of weekly returns between BATRK and NFJ is 0.48 over 3 years, 0.35 over 1 year and 0.42 over 5 years.
Is NFJ a good diversifier for BATRK?
A fair diversifier. At 0.48, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.48 mean?
On the −1 to +1 scale, 0.48 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/batrk-vs-nfj.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/batrk-vs-nfj/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BATRK correlations · NFJ correlations
