FOXA vs FTHM: Correlation
How closely do Fox Corporation (Class A) (FOXA) and Fathom Holdings Inc. (FTHM) trade together? Their weekly returns over three years give a correlation of -0.27, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FOXA and FTHM?
Over the past 3 years, FOXA and FTHM moved with a correlation of -0.27, which is negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.48 versus -0.27 over 3 years. Over 5 years the correlation is -0.13, and the annualized covariance of weekly returns is -1045.2 %².
FTHM is close to the least connected end of FOXA's tracked universe, ranking #31 of 33. The last year tells two different stories: FOXA led by 75.3 percentage points, +14.0% for FOXA against -61.3% for FTHM. One caveat on sizing: FTHM is 4.5 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.
FOXA vs FTHM: side by side
| FOXA (Fox Corporation (Class A)) | FTHM (Fathom Holdings Inc.) | |
|---|---|---|
| 1-year return | +14.0% | -61.3% |
| 5-year return | +93.4% | -97.7% |
| Volatility (ann.) | 29.3% | 130.4% |
| Beta vs S&P 500 | 0.56 | 2.16 |
| Max drawdown (3Y) | -35.6% | -93.5% |
| Market cap | $28.3B | – |
| P/E (trailing) | 18.1 | – |
| Dividend yield | 0.80% | 0.00% |
| Sector / category | Communication Services | US Listed |
Year-by-year returns
| Year | FOXA | FTHM |
|---|---|---|
| 2022 | -16.6% | -79.2% |
| 2023 | -0.8% | -15.5% |
| 2024 | +66.3% | -57.4% |
| 2025 | +51.8% | -34.0% |
| 2026 | -7.6% | -34.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FOXA and FTHM good diversifiers for each other?
Yes. With a correlation of -0.27, FOXA and FTHM have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between FOXA and FTHM?
Using weekly returns as of 2026-08-27: -0.27 over 3 years, with -0.48 over the last year and -0.13 over 5 years.
Is FTHM a good diversifier for FOXA?
Yes. With a correlation of -0.27, FOXA and FTHM have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.27 mean?
On the −1 to +1 scale, -0.27 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/foxa-vs-fthm.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/foxa-vs-fthm/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: FOXA correlations · FTHM correlations
