FOX vs TSLX: Correlation
Measured on weekly returns over the past three years, Fox Corporation (Class B) (FOX) and Sixth Street Specialty Lending, Inc. (TSLX) carry a correlation of 0.49, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FOX and TSLX?
Over the past 3 years, FOX and TSLX moved with a correlation of 0.49, which is moderate. Recent behaviour matches the longer record: 0.44 over 1 year against 0.49 over 3. Over 5 years the correlation is 0.47, and the annualized covariance of weekly returns is 286.4 %².
Among the 32 assets we track against FOX, TSLX ranks #6 by 3-year correlation. Correlation aside, the last 12 months split them widely, with FOX ahead by 27.2 points (+12.2% versus -15.0%).
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.
FOX vs TSLX: side by side
| FOX (Fox Corporation (Class B)) | TSLX (Sixth Street Specialty Lending, Inc.) | |
|---|---|---|
| 1-year return | +12.2% | -15.0% |
| 5-year return | +88.7% | +35.2% |
| Volatility (ann.) | 28.5% | 20.5% |
| Beta vs S&P 500 | 0.58 | 0.60 |
| Max drawdown (3Y) | -34.1% | -29.0% |
| Market cap | $25.4B | $1.8B |
| P/E (trailing) | 16.2 | 19.9 |
| Dividend yield | 0.90% | 10.04% |
| Sector / category | Communication Services | US Listed |
Year-by-year returns
| Year | FOX | TSLX |
|---|---|---|
| 2022 | -15.8% | -16.4% |
| 2023 | -1.2% | +35.3% |
| 2024 | +68.3% | +8.8% |
| 2025 | +43.4% | +11.5% |
| 2026 | -6.5% | -9.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FOX and TSLX good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.49 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between FOX and TSLX?
Using weekly returns as of 2026-08-27: 0.49 over 3 years, with 0.44 over the last year and 0.47 over 5 years.
Is TSLX a good diversifier for FOX?
Yes, to a useful degree: a correlation of 0.49 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.49 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/fox-vs-tslx.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/fox-vs-tslx/)
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Related comparisons
Hubs: FOX correlations · TSLX correlations
