FUBO vs VIR: Correlation
How closely do FuboTV Inc. (FUBO) and Vir Biotechnology, Inc. (VIR) trade together? Their weekly returns over three years give a correlation of 0.55, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FUBO and VIR?
On 3 years of weekly data the FUBO/VIR correlation comes out at 0.55, moderate. The link has loosened recently: the 1-year correlation (0.20) runs below the 3-year figure (0.55). The 5-year figure is 0.42, and annualized covariance runs at 6043.2 %².
By 3-year correlation, VIR places #7 of the 28 assets tracked against FUBO. Correlation aside, the last 12 months split them widely, with VIR ahead by 191.6 points (-75.3% versus +116.3%). Risk is not evenly split, since FUBO carries 2.4 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 VIR: side by side
| FUBO (FuboTV Inc.) | VIR (Vir Biotechnology, Inc.) | |
|---|---|---|
| 1-year return | -75.3% | +116.3% |
| 5-year return | -96.9% | -77.3% |
| Volatility (ann.) | 164.3% | 67.1% |
| Beta vs S&P 500 | 0.34 | 0.85 |
| Max drawdown (3Y) | -87.7% | -67.4% |
| Market cap | $0.3B | $1.9B |
| P/E (trailing) | 2.7 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FUBO | VIR |
|---|---|---|
| 2022 | -88.8% | -39.6% |
| 2023 | +82.8% | -60.3% |
| 2024 | -60.4% | -27.0% |
| 2025 | +100.0% | -17.8% |
| 2026 | -66.6% | +87.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FUBO and VIR good diversifiers for each other?
Only partially. A correlation of 0.55 means FUBO and VIR share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between FUBO and VIR?
The FUBO/VIR correlation stands at 0.55 on a 3-year window (1 year: 0.20, 5 years: 0.42), computed from weekly returns as of 2026-08-27.
Is VIR a good diversifier for FUBO?
Only partially. A correlation of 0.55 means FUBO and VIR share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.55 mean?
On the −1 to +1 scale, 0.55 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/fubo-vs-vir.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/fubo-vs-vir/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: FUBO correlations · VIR correlations
