FOSL vs GDOT: Correlation
How closely do Fossil Group, Inc. (FOSL) and Green Dot Corporation (GDOT) trade together? Their weekly returns over three years give a correlation of 0.47, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FOSL and GDOT?
Over the past 3 years, FOSL and GDOT moved with a correlation of 0.47, which is moderate. The link has loosened recently: the 1-year correlation (0.30) runs below the 3-year figure (0.47). Over 5 years the correlation is 0.44, and the annualized covariance of weekly returns is 2212.7 %².
In FOSL's tracked universe of 13 assets, GDOT sits right near the top at #2. The last year tells two different stories: FOSL led by 76.0 percentage points, +75.8% for FOSL against -0.2% for GDOT. Note the risk asymmetry: FOSL runs 1.8 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
FOSL vs GDOT: side by side
| FOSL (Fossil Group, Inc.) | GDOT (Green Dot Corporation) | |
|---|---|---|
| 1-year return | +75.8% | -0.2% |
| 5-year return | -60.8% | -74.3% |
| Volatility (ann.) | 92.1% | 51.2% |
| Beta vs S&P 500 | 1.49 | 0.79 |
| Max drawdown (3Y) | -65.5% | -58.0% |
| Market cap | $0.3B | $0.8B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FOSL | GDOT |
|---|---|---|
| 2022 | -58.1% | -56.3% |
| 2023 | -66.1% | -37.4% |
| 2024 | +14.4% | +7.5% |
| 2025 | +125.1% | +20.4% |
| 2026 | +43.1% | +4.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FOSL and GDOT good diversifiers for each other?
Reasonably. At 0.47, FOSL and GDOT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between FOSL and GDOT?
As of 2026-08-27, the correlation of weekly returns between FOSL and GDOT is 0.47 over 3 years, 0.30 over 1 year and 0.44 over 5 years.
Is GDOT a good diversifier for FOSL?
Reasonably. At 0.47, FOSL and GDOT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.47 mean?
On the −1 to +1 scale, 0.47 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: FOSL correlations · GDOT correlations
