CHTR vs CMCSA: Correlation
Charter Communications (CHTR) and Comcast (CMCSA) show a strong relationship: their 3-year correlation of weekly returns is 0.68.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CHTR and CMCSA?
Over the past 3 years, CHTR and CMCSA moved with a correlation of 0.68, which is strong. Recent behaviour matches the longer record: 0.73 over 1 year against 0.68 over 3. Over 5 years the correlation is 0.72, and the annualized covariance of weekly returns is 668.7 %².
Few assets follow CHTR as closely as CMCSA, which ranks #1 of 35 tracked partners. Correlation aside, the last 12 months split them widely, with CMCSA ahead by 32.3 points (-44.9% versus -12.6%). On a rolling one-year basis the correlation drifted between 0.48 and 0.80, a moderate band. Risk is not evenly split, since CHTR carries 1.7 times the volatility of the other side.
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.
CHTR vs CMCSA: side by side
| CHTR (Charter Communications) | CMCSA (Comcast) | |
|---|---|---|
| 1-year return | -44.9% | -12.6% |
| 5-year return | -81.8% | -44.5% |
| Volatility (ann.) | 41.3% | 23.8% |
| Beta vs S&P 500 | 0.74 | 0.48 |
| Max drawdown (3Y) | -72.9% | -44.9% |
| Market cap | $20.0B | $93.7B |
| P/E (trailing) | 4.0 | 8.7 |
| Dividend yield | 0.00% | 4.85% |
| Sector / category | Communication Services | Communication Services |
Year-by-year returns
| Year | CHTR | CMCSA |
|---|---|---|
| 2022 | -48.0% | -28.7% |
| 2023 | +14.6% | +29.1% |
| 2024 | -11.8% | -11.8% |
| 2025 | -39.1% | -17.3% |
| 2026 | -28.9% | -2.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CHTR and CMCSA good diversifiers for each other?
Only partially. A correlation of 0.68 means CHTR and CMCSA share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between CHTR and CMCSA?
The CHTR/CMCSA correlation stands at 0.68 on a 3-year window (1 year: 0.73, 5 years: 0.72), computed from weekly returns as of 2026-08-27.
Is CMCSA a good diversifier for CHTR?
Only partially. A correlation of 0.68 means CHTR and CMCSA share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.68 mean?
A reading of 0.68 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/chtr-vs-cmcsa.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/chtr-vs-cmcsa/)
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Related comparisons
Hubs: CHTR correlations · CMCSA correlations
