FOXA vs VIVK: Correlation
Fox Corporation (Class A) (FOXA) and Vivakor, Inc. (VIVK) show a negative relationship: their 3-year correlation of weekly returns is -0.24.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FOXA and VIVK?
Over the past 3 years, FOXA and VIVK moved with a correlation of -0.24, which is negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.44 versus -0.24 over 3 years. Over 5 years the correlation is -0.09, and the annualized covariance of weekly returns is -1031.9 %².
Among the 33 assets we track against FOXA, VIVK ranks #28 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months FOXA outperformed by 114.0 percentage points (+14.0% for FOXA against -100.0% for VIVK). Risk is not evenly split, since VIVK carries 5.1 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.
FOXA vs VIVK: side by side
| FOXA (Fox Corporation (Class A)) | VIVK (Vivakor, Inc.) | |
|---|---|---|
| 1-year return | +14.0% | -100.0% |
| 5-year return | +93.4% | -100.0% |
| Volatility (ann.) | 29.3% | 148.8% |
| Beta vs S&P 500 | 0.56 | 1.02 |
| Max drawdown (3Y) | -35.6% | -100.0% |
| 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 | VIVK |
|---|---|---|
| 2022 | -16.6% | -86.8% |
| 2023 | -0.8% | +1.8% |
| 2024 | +66.3% | +16.6% |
| 2025 | +51.8% | -99.2% |
| 2026 | -7.6% | -97.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FOXA and VIVK good diversifiers for each other?
By historical standards, yes. A correlation of -0.24 means the two rarely move for the same reasons.
FAQ
What is the correlation between FOXA and VIVK?
The FOXA/VIVK correlation stands at -0.24 on a 3-year window (1 year: -0.44, 5 years: -0.09), computed from weekly returns as of 2026-08-27.
Is VIVK a good diversifier for FOXA?
By historical standards, yes. A correlation of -0.24 means the two rarely move for the same reasons.
What does a correlation of -0.24 mean?
A reading of -0.24 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/foxa-vs-vivk.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/foxa-vs-vivk/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: FOXA correlations · VIVK correlations
