FLD vs ROST: Correlation
Fold Holdings, Inc. (FLD) and Ross Stores (ROST) show a negative relationship: their 3-year correlation of weekly returns is -0.24.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FLD and ROST?
Over the past 3 years, FLD and ROST moved with a correlation of -0.24, which is negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (-0.13) runs above the 3-year figure (-0.24). Over 5 years the correlation is -0.16, and the annualized covariance of weekly returns is -451.5 %².
Out of 13 assets tracked against FLD, ROST lands near the bottom at #10. Correlation aside, the last 12 months split them widely, with ROST ahead by 137.9 points (-83.6% versus +54.3%). Risk is not evenly split, since FLD carries 3.3 times the volatility of the other side.
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.
FLD vs ROST: side by side
| FLD (Fold Holdings, Inc.) | ROST (Ross Stores) | |
|---|---|---|
| 1-year return | -83.6% | +54.3% |
| 5-year return | -93.7% | +105.0% |
| Volatility (ann.) | 78.8% | 24.0% |
| Beta vs S&P 500 | 0.49 | 0.66 |
| Max drawdown (3Y) | -96.7% | -21.1% |
| Market cap | – | $73.7B |
| P/E (trailing) | – | 27.8 |
| Dividend yield | 0.00% | 0.72% |
| Sector / category | US Listed | Consumer Discretionary |
Year-by-year returns
| Year | FLD | ROST |
|---|---|---|
| 2022 | – | +2.9% |
| 2023 | +5.3% | +20.6% |
| 2024 | +5.2% | +10.4% |
| 2025 | -76.5% | +20.4% |
| 2026 | -76.6% | +28.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FLD and ROST good diversifiers for each other?
Yes. With a correlation of -0.24, FLD and ROST have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between FLD and ROST?
As of 2026-08-27, the correlation of weekly returns between FLD and ROST is -0.24 over 3 years, -0.13 over 1 year and -0.16 over 5 years.
Is ROST a good diversifier for FLD?
Yes. With a correlation of -0.24, FLD and ROST have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.24 mean?
A reading of -0.24 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/fld-vs-rost.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/fld-vs-rost/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: FLD correlations · ROST correlations
