FUBO vs GIFT: Correlation
Measured on weekly returns over the past three years, FuboTV Inc. (FUBO) and Giftify, Inc. (GIFT) carry a correlation of 0.28, a weak link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FUBO and GIFT?
On 3 years of weekly data the FUBO/GIFT correlation comes out at 0.28, weak. The relationship has been stable: the 1-year correlation (0.35) sits close to the 3-year figure. The 5-year figure is 0.18, and annualized covariance runs at 3181.8 %².
Within FUBO's tracked universe of 28 assets, GIFT comes in at #17 by 3-year correlation. Correlation aside, the last 12 months split them widely, with GIFT ahead by 55.3 points (-75.3% versus -20.0%). Risk is not evenly split, since FUBO carries 2.3 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.
FUBO vs GIFT: side by side
| FUBO (FuboTV Inc.) | GIFT (Giftify, Inc.) | |
|---|---|---|
| 1-year return | -75.3% | -20.0% |
| 5-year return | -96.9% | -65.3% |
| Volatility (ann.) | 164.3% | 70.2% |
| Beta vs S&P 500 | 0.34 | 0.42 |
| Max drawdown (3Y) | -87.7% | -83.5% |
| Market cap | $0.3B | – |
| P/E (trailing) | 2.7 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FUBO | GIFT |
|---|---|---|
| 2022 | -88.8% | +135.8% |
| 2023 | +82.8% | +182.7% |
| 2024 | -60.4% | -72.7% |
| 2025 | +100.0% | +0.9% |
| 2026 | -66.6% | -25.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FUBO and GIFT good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.28 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between FUBO and GIFT?
As of 2026-08-27, the correlation of weekly returns between FUBO and GIFT is 0.28 over 3 years, 0.35 over 1 year and 0.18 over 5 years.
Is GIFT a good diversifier for FUBO?
Yes, to a useful degree: a correlation of 0.28 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.28 mean?
A reading of 0.28 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
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Related comparisons
Hubs: FUBO correlations · GIFT correlations
