DIS vs FOX: Correlation
Walt Disney Company (The) (DIS) and Fox Corporation (Class B) (FOX) show a moderate relationship: their 3-year correlation of weekly returns is 0.33.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DIS and FOX?
On 3 years of weekly data the DIS/FOX correlation comes out at 0.33, moderate. Little has changed lately, as the 1-year reading of 0.30 lands near the 3-year figure. The 5-year figure is 0.42, and annualized covariance runs at 258.9 %².
By 3-year correlation, FOX places #23 of the 37 assets tracked against DIS. Their recent paths diverged sharply: over the last 12 months FOX outperformed by 20.4 percentage points (-8.2% for DIS against +12.2% for FOX). The relationship is regime-dependent: the rolling one-year correlation swung between -0.14 and 0.64 over the past three years, so this pair behaves very differently depending on the market environment.
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.
DIS vs FOX: side by side
| DIS (Walt Disney Company (The)) | FOX (Fox Corporation (Class B)) | |
|---|---|---|
| 1-year return | -8.2% | +12.2% |
| 5-year return | -38.8% | +88.7% |
| Volatility (ann.) | 27.7% | 28.5% |
| Beta vs S&P 500 | 0.96 | 0.58 |
| Max drawdown (3Y) | -32.9% | -34.1% |
| Market cap | $184.4B | $25.4B |
| P/E (trailing) | 22.6 | 16.2 |
| Dividend yield | 1.37% | 0.90% |
| Sector / category | Communication Services | Communication Services |
Year-by-year returns
| Year | DIS | FOX |
|---|---|---|
| 2022 | -43.9% | -15.8% |
| 2023 | +4.3% | -1.2% |
| 2024 | +24.4% | +68.3% |
| 2025 | +3.3% | +43.4% |
| 2026 | -5.4% | -6.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DIS and FOX good diversifiers for each other?
A fair diversifier. At 0.33, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between DIS and FOX?
As of 2026-08-27, the correlation of weekly returns between DIS and FOX is 0.33 over 3 years, 0.30 over 1 year and 0.42 over 5 years.
Is FOX a good diversifier for DIS?
A fair diversifier. At 0.33, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.33 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
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Related comparisons
Hubs: DIS correlations · FOX correlations
