FOXF vs MBUU: Correlation
How closely do Fox Factory Holding Corp. (FOXF) and Malibu Boats, Inc. (MBUU) trade together? Their weekly returns over three years give a correlation of 0.56, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FOXF and MBUU?
Over the past 3 years, FOXF and MBUU moved with a correlation of 0.56, which is moderate. The relationship has been stable: the 1-year correlation (0.62) sits close to the 3-year figure. Over 5 years the correlation is 0.56, and the annualized covariance of weekly returns is 1258.0 %².
MBUU is one of the assets that tracks FOXF most closely: it ranks #1 out of the 13 assets we track against FOXF. Neither side won the trailing year by much: -29.0% against -27.1%.
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.
FOXF vs MBUU: side by side
| FOXF (Fox Factory Holding Corp.) | MBUU (Malibu Boats, Inc.) | |
|---|---|---|
| 1-year return | -29.0% | -27.1% |
| 5-year return | -86.3% | -62.1% |
| Volatility (ann.) | 52.1% | 42.9% |
| Beta vs S&P 500 | 1.04 | 0.96 |
| Max drawdown (3Y) | -88.1% | -57.0% |
| Market cap | $0.9B | $0.6B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FOXF | MBUU |
|---|---|---|
| 2022 | -46.4% | -22.5% |
| 2023 | -26.0% | +2.9% |
| 2024 | -55.1% | -31.4% |
| 2025 | -43.5% | -25.0% |
| 2026 | +23.3% | +2.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FOXF and MBUU good diversifiers for each other?
To a limited degree. At 0.56 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between FOXF and MBUU?
As of 2026-08-27, the correlation of weekly returns between FOXF and MBUU is 0.56 over 3 years, 0.62 over 1 year and 0.56 over 5 years.
Is MBUU a good diversifier for FOXF?
To a limited degree. At 0.56 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.56 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/foxf-vs-mbuu.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/foxf-vs-mbuu/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: FOXF correlations · MBUU correlations
