FOXA vs TSLX: Correlation
Fox Corporation (Class A) (FOXA) and Sixth Street Specialty Lending, Inc. (TSLX) show a moderate relationship: their 3-year correlation of weekly returns is 0.49.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FOXA and TSLX?
Across a 3-year window, the weekly returns of FOXA and TSLX correlate at 0.49, moderate. Recent behaviour matches the longer record: 0.43 over 1 year against 0.49 over 3. Stretching to 5 years gives 0.46, with an annualized covariance of 294.3 %².
Within FOXA's tracked universe of 33 assets, TSLX comes in at #6 by 3-year correlation. Correlation aside, the last 12 months split them widely, with FOXA ahead by 29.0 points (+14.0% 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.
FOXA vs TSLX: side by side
| FOXA (Fox Corporation (Class A)) | TSLX (Sixth Street Specialty Lending, Inc.) | |
|---|---|---|
| 1-year return | +14.0% | -15.0% |
| 5-year return | +93.4% | +35.2% |
| Volatility (ann.) | 29.3% | 20.5% |
| Beta vs S&P 500 | 0.56 | 0.60 |
| Max drawdown (3Y) | -35.6% | -29.0% |
| Market cap | $28.3B | $1.8B |
| P/E (trailing) | 18.1 | 19.9 |
| Dividend yield | 0.80% | 10.04% |
| Sector / category | Communication Services | US Listed |
Year-by-year returns
| Year | FOXA | TSLX |
|---|---|---|
| 2022 | -16.6% | -16.4% |
| 2023 | -0.8% | +35.3% |
| 2024 | +66.3% | +8.8% |
| 2025 | +51.8% | +11.5% |
| 2026 | -7.6% | -9.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FOXA and TSLX good diversifiers for each other?
A fair diversifier. At 0.49, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between FOXA and TSLX?
Using weekly returns as of 2026-08-27: 0.49 over 3 years, with 0.43 over the last year and 0.46 over 5 years.
Is TSLX a good diversifier for FOXA?
A fair diversifier. At 0.49, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
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/foxa-vs-tslx.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/foxa-vs-tslx/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: FOXA correlations · TSLX correlations
