DOGZ vs FOSL: Correlation
Measured on weekly returns over the past three years, Dogness (International) Corporation (DOGZ) and Fossil Group, Inc. (FOSL) carry a correlation of 0.31, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DOGZ and FOSL?
On 3 years of weekly data the DOGZ/FOSL correlation comes out at 0.31, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.16 versus 0.31 over 3 years. The 5-year figure is 0.24, and annualized covariance runs at 4343.3 %².
Few assets follow DOGZ as closely as FOSL, which ranks #1 of 11 tracked partners. Correlation aside, the last 12 months split them widely, with FOSL ahead by 166.2 points (-90.4% versus +75.8%). One caveat on sizing: DOGZ 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.
DOGZ vs FOSL: side by side
| DOGZ (Dogness (International) Corporation) | FOSL (Fossil Group, Inc.) | |
|---|---|---|
| 1-year return | -90.4% | +75.8% |
| 5-year return | -97.9% | -60.8% |
| Volatility (ann.) | 153.8% | 92.1% |
| Beta vs S&P 500 | 0.09 | 1.49 |
| Max drawdown (3Y) | -98.5% | -65.5% |
| Market cap | – | $0.3B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DOGZ | FOSL |
|---|---|---|
| 2022 | -88.3% | -58.1% |
| 2023 | -74.0% | -66.1% |
| 2024 | +793.7% | +14.4% |
| 2025 | -76.7% | +125.1% |
| 2026 | -90.4% | +43.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DOGZ and FOSL 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 DOGZ and FOSL?
As of 2026-08-27, the correlation of weekly returns between DOGZ and FOSL is 0.31 over 3 years, 0.16 over 1 year and 0.24 over 5 years.
Is FOSL a good diversifier for DOGZ?
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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/dogz-vs-fosl.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/dogz-vs-fosl/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: DOGZ correlations · FOSL correlations
