DIS vs FOXA: Correlation
Walt Disney Company (The) (DIS) and Fox Corporation (Class A) (FOXA) show a moderate relationship: their 3-year correlation of weekly returns is 0.31.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DIS and FOXA?
On 3 years of weekly data the DIS/FOXA correlation comes out at 0.31, moderate. The relationship has been stable: the 1-year correlation (0.30) sits close to the 3-year figure. The 5-year figure is 0.40, and annualized covariance runs at 251.5 %².
By 3-year correlation, FOXA places #24 of the 37 assets tracked against DIS. Their recent paths diverged sharply: over the last 12 months FOXA outperformed by 22.2 percentage points (-8.2% for DIS against +14.0% for FOXA). Do not treat this figure as fixed: across three years the rolling one-year correlation ranged all the way from -0.12 to 0.62.
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 FOXA: side by side
| DIS (Walt Disney Company (The)) | FOXA (Fox Corporation (Class A)) | |
|---|---|---|
| 1-year return | -8.2% | +14.0% |
| 5-year return | -38.8% | +93.4% |
| Volatility (ann.) | 27.7% | 29.3% |
| Beta vs S&P 500 | 0.96 | 0.56 |
| Max drawdown (3Y) | -32.9% | -35.6% |
| Market cap | $184.4B | $28.3B |
| P/E (trailing) | 22.6 | 18.1 |
| Dividend yield | 1.37% | 0.80% |
| Sector / category | Communication Services | Communication Services |
Year-by-year returns
| Year | DIS | FOXA |
|---|---|---|
| 2022 | -43.9% | -16.6% |
| 2023 | +4.3% | -0.8% |
| 2024 | +24.4% | +66.3% |
| 2025 | +3.3% | +51.8% |
| 2026 | -5.4% | -7.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DIS and FOXA good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.31 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between DIS and FOXA?
As of 2026-08-27, the correlation of weekly returns between DIS and FOXA is 0.31 over 3 years, 0.30 over 1 year and 0.40 over 5 years.
Is FOXA a good diversifier for DIS?
Yes, to a useful degree: a correlation of 0.31 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.31 mean?
On the −1 to +1 scale, 0.31 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: DIS correlations · FOXA correlations
