FTLF vs SBAC: Correlation
Measured on weekly returns over the past three years, FitLife Brands, Inc. (FTLF) and SBA Communications (SBAC) carry a correlation of -0.17, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FTLF and SBAC?
Across a 3-year window, the weekly returns of FTLF and SBAC correlate at -0.17, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.50 versus -0.17 over 3 years. Stretching to 5 years gives -0.15, with an annualized covariance of -243.9 %².
Out of 13 assets tracked against FTLF, SBAC lands near the bottom at #9. Their recent paths diverged sharply: over the last 12 months SBAC outperformed by 38.2 percentage points (-46.1% for FTLF against -7.9% for SBAC). Risk is not evenly split, since FTLF carries 1.6 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.
FTLF vs SBAC: side by side
| FTLF (FitLife Brands, Inc.) | SBAC (SBA Communications) | |
|---|---|---|
| 1-year return | -46.1% | -7.9% |
| 5-year return | +67.4% | -43.3% |
| Volatility (ann.) | 47.7% | 30.1% |
| Beta vs S&P 500 | 0.47 | 0.42 |
| Max drawdown (3Y) | -57.2% | -32.2% |
| Market cap | $0.1B | $19.8B |
| P/E (trailing) | 16.3 | 20.0 |
| Dividend yield | 0.00% | 2.54% |
| Sector / category | US Listed | Real Estate |
Year-by-year returns
| Year | FTLF | SBAC |
|---|---|---|
| 2022 | -0.3% | -27.3% |
| 2023 | +19.7% | -8.2% |
| 2024 | +70.7% | -18.2% |
| 2025 | -0.2% | -3.1% |
| 2026 | -37.9% | -1.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FTLF and SBAC good diversifiers for each other?
By historical standards, yes. A correlation of -0.17 means the two rarely move for the same reasons.
FAQ
What is the correlation between FTLF and SBAC?
As of 2026-08-27, the correlation of weekly returns between FTLF and SBAC is -0.17 over 3 years, -0.50 over 1 year and -0.15 over 5 years.
Is SBAC a good diversifier for FTLF?
By historical standards, yes. A correlation of -0.17 means the two rarely move for the same reasons.
What does a correlation of -0.17 mean?
On the −1 to +1 scale, -0.17 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/ftlf-vs-sbac.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/ftlf-vs-sbac/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: FTLF correlations · SBAC correlations
