FUBO vs STZ: Correlation
How closely do FuboTV Inc. (FUBO) and Constellation Brands (STZ) trade together? Their weekly returns over three years give a correlation of -0.33, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FUBO and STZ?
Across a 3-year window, the weekly returns of FUBO and STZ correlate at -0.33, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.02) than the 3-year average (-0.33). Stretching to 5 years gives -0.18, with an annualized covariance of -1439.4 %².
Out of 28 assets tracked against FUBO, STZ lands near the bottom at #25. Their recent paths diverged sharply: over the last 12 months STZ outperformed by 59.6 percentage points (-75.3% for FUBO against -15.7% for STZ). Risk is not evenly split, since FUBO carries 6.2 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 STZ: side by side
| FUBO (FuboTV Inc.) | STZ (Constellation Brands) | |
|---|---|---|
| 1-year return | -75.3% | -15.7% |
| 5-year return | -96.9% | -31.9% |
| Volatility (ann.) | 164.3% | 26.6% |
| Beta vs S&P 500 | 0.34 | 0.41 |
| Max drawdown (3Y) | -87.7% | -51.3% |
| Market cap | $0.3B | $22.4B |
| P/E (trailing) | 2.7 | 12.8 |
| Dividend yield | 0.00% | 3.04% |
| Sector / category | US Listed | Consumer Staples |
Year-by-year returns
| Year | FUBO | STZ |
|---|---|---|
| 2022 | -88.8% | -6.4% |
| 2023 | +82.8% | +5.8% |
| 2024 | -60.4% | -7.1% |
| 2025 | +100.0% | -36.0% |
| 2026 | -66.6% | -2.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FUBO and STZ good diversifiers for each other?
Yes: at -0.33, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between FUBO and STZ?
The FUBO/STZ correlation stands at -0.33 on a 3-year window (1 year: -0.02, 5 years: -0.18), computed from weekly returns as of 2026-08-27.
Is STZ a good diversifier for FUBO?
Yes: at -0.33, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.33 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/fubo-vs-stz.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/fubo-vs-stz/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: FUBO correlations · STZ correlations
