FOSL vs PYT: Correlation
Fossil Group, Inc. (FOSL) and PPlus Tr GSC-2 Tr Ctf Fltg Rate (PYT) show a moderate relationship: their 3-year correlation of weekly returns is 0.35.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FOSL and PYT?
Over the past 3 years, FOSL and PYT moved with a correlation of 0.35, which is moderate. Lately the two have drifted apart, with the 1-year correlation at 0.14 versus 0.35 over 3 years. Over 5 years the correlation is 0.22, and the annualized covariance of weekly returns is 307.9 %².
Among the 13 assets we track against FOSL, PYT ranks #7 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months FOSL outperformed by 70.7 percentage points (+75.8% for FOSL against +5.1% for PYT). Risk is not evenly split, since FOSL carries 9.5 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.
FOSL vs PYT: side by side
| FOSL (Fossil Group, Inc.) | PYT (PPlus Tr GSC-2 Tr Ctf Fltg Rate) | |
|---|---|---|
| 1-year return | +75.8% | +5.1% |
| 5-year return | -60.8% | +19.5% |
| Volatility (ann.) | 92.1% | 9.7% |
| Beta vs S&P 500 | 1.49 | 0.15 |
| Max drawdown (3Y) | -65.5% | -6.1% |
| Market cap | $0.3B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | – |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FOSL | PYT |
|---|---|---|
| 2022 | -58.1% | -14.1% |
| 2023 | -66.1% | +10.8% |
| 2024 | +14.4% | +8.3% |
| 2025 | +125.1% | +8.2% |
| 2026 | +43.1% | +4.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FOSL and PYT good diversifiers for each other?
Reasonably. At 0.35, FOSL and PYT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between FOSL and PYT?
As of 2026-08-27, the correlation of weekly returns between FOSL and PYT is 0.35 over 3 years, 0.14 over 1 year and 0.22 over 5 years.
Is PYT a good diversifier for FOSL?
Reasonably. At 0.35, FOSL and PYT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.35 mean?
On the −1 to +1 scale, 0.35 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/fosl-vs-pyt.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/fosl-vs-pyt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: FOSL correlations · PYT correlations
