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CMCSA vs STEW: Correlation

Measured on weekly returns over the past three years, Comcast (CMCSA) and SRH Total Return Fund, Inc. (STEW) carry a correlation of 0.46, a moderate link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.46
moderate
Correlation (1Y)
0.40
last 12 months
Correlation (5Y)
0.50
long-run
Ann. covariance
154.9
%² · weekly, annualized

How correlated are CMCSA and STEW?

On 3 years of weekly data the CMCSA/STEW correlation comes out at 0.46, moderate. The relationship has been stable: the 1-year correlation (0.40) sits close to the 3-year figure. The 5-year figure is 0.50, and annualized covariance runs at 154.9 %².

Within CMCSA's tracked universe of 39 assets, STEW comes in at #14 by 3-year correlation. The last year tells two different stories: STEW led by 17.8 percentage points, -12.6% for CMCSA against +5.2% for STEW. One caveat on sizing: CMCSA is 1.7 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.

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.

CMCSA vs STEW: side by side

CMCSA (Comcast)STEW (SRH Total Return Fund, Inc.)
1-year return-12.6%+5.2%
5-year return-44.5%+61.2%
Volatility (ann.)23.8%14.1%
Beta vs S&P 5000.480.67
Max drawdown (3Y)-44.9%-10.5%
Market cap$93.7B$1.8B
P/E (trailing)8.712.1
Dividend yield4.85%3.91%
Sector / categoryCommunication ServicesUS Listed
Lower P/E: CMCSA 8.7 vs 12.1Higher yield: CMCSA 4.85% vs 3.91%Smaller drawdown: STEW -10.5% vs -44.9%Higher 5y return: STEW +61.2% vs -44.5%
-27%0%+6%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. CMCSA · STEW

Year-by-year returns

YearCMCSASTEW
2022-28.7%-7.3%
2023+29.1%+13.5%
2024-11.8%+19.9%
2025-17.3%+20.3%
2026-2.2%+3.5%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are CMCSA and STEW good diversifiers for each other?

A fair diversifier. At 0.46, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between CMCSA and STEW?

Using weekly returns as of 2026-08-27: 0.46 over 3 years, with 0.40 over the last year and 0.50 over 5 years.

Is STEW a good diversifier for CMCSA?

A fair diversifier. At 0.46, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.46 mean?

A reading of 0.46 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

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CMCSA vs STEW: 3-year weekly correlation 0.46CMCSA vs STEW0.46

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Hubs: CMCSA correlations · STEW correlations