FBIN vs JACK: Correlation
How closely do Fortune Brands Innovations, Inc. (FBIN) and Jack In The Box Inc. (JACK) trade together? Their weekly returns over three years give a correlation of 0.52, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FBIN and JACK?
On 3 years of weekly data the FBIN/JACK correlation comes out at 0.52, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.63 versus 0.52 over 3 years. The 5-year figure is 0.47, and annualized covariance runs at 1183.9 %².
Within FBIN's tracked universe of 20 assets, JACK comes in at #11 by 3-year correlation. Over the last 12 months JACK came out ahead by 9.1 percentage points (-22.1% against -13.0%). One caveat on sizing: JACK is 1.5 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.
FBIN vs JACK: side by side
| FBIN (Fortune Brands Innovations, Inc.) | JACK (Jack In The Box Inc.) | |
|---|---|---|
| 1-year return | -22.1% | -13.0% |
| 5-year return | -42.9% | -83.5% |
| Volatility (ann.) | 38.8% | 58.3% |
| Beta vs S&P 500 | 1.29 | 1.31 |
| Max drawdown (3Y) | -61.9% | -88.4% |
| Market cap | $5.4B | $0.3B |
| P/E (trailing) | 37.4 | – |
| Dividend yield | 2.20% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FBIN | JACK |
|---|---|---|
| 2022 | -36.5% | -20.2% |
| 2023 | +35.2% | +22.2% |
| 2024 | -9.1% | -47.3% |
| 2025 | -25.4% | -53.8% |
| 2026 | -7.8% | -16.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FBIN and JACK good diversifiers for each other?
Only partially. A correlation of 0.52 means FBIN and JACK share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between FBIN and JACK?
The FBIN/JACK correlation stands at 0.52 on a 3-year window (1 year: 0.63, 5 years: 0.47), computed from weekly returns as of 2026-08-27.
Is JACK a good diversifier for FBIN?
Only partially. A correlation of 0.52 means FBIN and JACK share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.52 mean?
A reading of 0.52 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
$ curl https://www.pairbook.io/api/v1/pairs/fbin-vs-jack.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/fbin-vs-jack/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: FBIN correlations · JACK correlations
