DOX vs FOXA: Correlation
How closely do Amdocs Limited (DOX) and Fox Corporation (Class A) (FOXA) trade together? Their weekly returns over three years give a correlation of 0.44, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DOX and FOXA?
Over the past 3 years, DOX and FOXA moved with a correlation of 0.44, which is moderate. Recent behaviour matches the longer record: 0.53 over 1 year against 0.44 over 3. Over 5 years the correlation is 0.40, and the annualized covariance of weekly returns is 276.9 %².
Among the 22 assets we track against DOX, FOXA ranks #13 by 3-year correlation. Correlation aside, the last 12 months split them widely, with FOXA ahead by 39.6 points (-25.6% versus +14.0%).
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.
DOX vs FOXA: side by side
| DOX (Amdocs Limited) | FOXA (Fox Corporation (Class A)) | |
|---|---|---|
| 1-year return | -25.6% | +14.0% |
| 5-year return | -8.4% | +93.4% |
| Volatility (ann.) | 21.3% | 29.3% |
| Beta vs S&P 500 | 0.54 | 0.56 |
| Max drawdown (3Y) | -45.5% | -35.6% |
| Market cap | $6.5B | $28.3B |
| P/E (trailing) | 14.8 | 18.1 |
| Dividend yield | 3.52% | 0.80% |
| Sector / category | US Listed | Communication Services |
Year-by-year returns
| Year | DOX | FOXA |
|---|---|---|
| 2022 | +23.8% | -16.6% |
| 2023 | -1.4% | -0.8% |
| 2024 | -0.9% | +66.3% |
| 2025 | -3.1% | +51.8% |
| 2026 | -20.6% | -7.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DOX and FOXA good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.44 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between DOX and FOXA?
Using weekly returns as of 2026-08-27: 0.44 over 3 years, with 0.53 over the last year and 0.40 over 5 years.
Is FOXA a good diversifier for DOX?
Yes, to a useful degree: a correlation of 0.44 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.44 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/dox-vs-foxa.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/dox-vs-foxa/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: DOX correlations · FOXA correlations
