CHTR vs FOX: Correlation
Measured on weekly returns over the past three years, Charter Communications (CHTR) and Fox Corporation (Class B) (FOX) carry a correlation of 0.35, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CHTR and FOX?
On 3 years of weekly data the CHTR/FOX correlation comes out at 0.35, moderate. Recent behaviour matches the longer record: 0.25 over 1 year against 0.35 over 3. The 5-year figure is 0.36, and annualized covariance runs at 414.3 %².
Among the 35 assets we track against CHTR, FOX ranks #18 by 3-year correlation. Correlation aside, the last 12 months split them widely, with FOX ahead by 57.1 points (-44.9% versus +12.2%). This link changes with the market regime, having swung between 0.06 and 0.59 on a rolling one-year basis.
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 FOX: side by side
| CHTR (Charter Communications) | FOX (Fox Corporation (Class B)) | |
|---|---|---|
| 1-year return | -44.9% | +12.2% |
| 5-year return | -81.8% | +88.7% |
| Volatility (ann.) | 41.3% | 28.5% |
| Beta vs S&P 500 | 0.74 | 0.58 |
| Max drawdown (3Y) | -72.9% | -34.1% |
| Market cap | $20.0B | $25.4B |
| P/E (trailing) | 4.0 | 16.2 |
| Dividend yield | 0.00% | 0.90% |
| Sector / category | Communication Services | Communication Services |
Year-by-year returns
| Year | CHTR | FOX |
|---|---|---|
| 2022 | -48.0% | -15.8% |
| 2023 | +14.6% | -1.2% |
| 2024 | -11.8% | +68.3% |
| 2025 | -39.1% | +43.4% |
| 2026 | -28.9% | -6.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CHTR and FOX good diversifiers for each other?
Reasonably. At 0.35, CHTR and FOX keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between CHTR and FOX?
Using weekly returns as of 2026-08-27: 0.35 over 3 years, with 0.25 over the last year and 0.36 over 5 years.
Is FOX a good diversifier for CHTR?
Reasonably. At 0.35, CHTR and FOX keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.35 mean?
On the −1 to +1 scale, 0.35 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.
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Related comparisons
Hubs: CHTR correlations · FOX correlations
