FUBO vs IDAI: Correlation
FuboTV Inc. (FUBO) and T Stamp Inc. (IDAI) show a very strong relationship: their 3-year correlation of weekly returns is 0.86.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FUBO and IDAI?
On 3 years of weekly data the FUBO/IDAI correlation comes out at 0.86, very strong, meaning they move nearly in lockstep. Lately the two have drifted apart, with the 1-year correlation at 0.26 versus 0.86 over 3 years. The 5-year figure is 0.75, and annualized covariance runs at 71090.6 %².
Few assets follow FUBO as closely as IDAI, which ranks #1 of 28 tracked partners. Correlation aside, the last 12 months split them widely, with IDAI ahead by 90.8 points (-75.3% versus +15.5%). Risk is not evenly split, since IDAI carries 3.1 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.
FUBO vs IDAI: side by side
| FUBO (FuboTV Inc.) | IDAI (T Stamp Inc.) | |
|---|---|---|
| 1-year return | -75.3% | +15.5% |
| 5-year return | -96.9% | -76.5% |
| Volatility (ann.) | 164.3% | 505.7% |
| Beta vs S&P 500 | 0.34 | -1.01 |
| Max drawdown (3Y) | -87.7% | -92.9% |
| 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 | IDAI |
|---|---|---|
| 2022 | -88.8% | -88.0% |
| 2023 | +82.8% | -43.0% |
| 2024 | -60.4% | -35.5% |
| 2025 | +100.0% | +342.8% |
| 2026 | -66.6% | -14.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FUBO and IDAI good diversifiers for each other?
No. With a correlation of 0.86, FUBO and IDAI move nearly in lockstep, so holding both adds very little diversification.
FAQ
What is the correlation between FUBO and IDAI?
The FUBO/IDAI correlation stands at 0.86 on a 3-year window (1 year: 0.26, 5 years: 0.75), computed from weekly returns as of 2026-08-27.
Is IDAI a good diversifier for FUBO?
No. With a correlation of 0.86, FUBO and IDAI move nearly in lockstep, so holding both adds very little diversification.
What does a correlation of 0.86 mean?
On the −1 to +1 scale, 0.86 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.
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Related comparisons
Hubs: FUBO correlations · IDAI correlations
