FUN vs SEAT: Correlation
How closely do Six Flags Entertainment Corporation (FUN) and Vivid Seats Inc. (SEAT) trade together? Their weekly returns over three years give a correlation of 0.36, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FUN and SEAT?
Over the past 3 years, FUN and SEAT moved with a correlation of 0.36, which is moderate. Little has changed lately, as the 1-year reading of 0.45 lands near the 3-year figure. Over 5 years the correlation is 0.33, and the annualized covariance of weekly returns is 1365.9 %².
Out of 12 assets tracked against FUN, SEAT lands near the bottom at #8. The last year tells two different stories: FUN led by 31.2 percentage points, -32.7% for FUN against -63.9% for SEAT. Risk is not evenly split, since SEAT 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.
FUN vs SEAT: side by side
| FUN (Six Flags Entertainment Corporation) | SEAT (Vivid Seats Inc.) | |
|---|---|---|
| 1-year return | -32.7% | -63.9% |
| 5-year return | -61.4% | -97.6% |
| Volatility (ann.) | 49.2% | 78.2% |
| Beta vs S&P 500 | 1.35 | 1.59 |
| Max drawdown (3Y) | -77.7% | -96.9% |
| Market cap | $1.6B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FUN | SEAT |
|---|---|---|
| 2022 | -16.2% | -32.9% |
| 2023 | -1.0% | -13.4% |
| 2024 | +22.8% | -26.7% |
| 2025 | -68.2% | -92.2% |
| 2026 | +4.0% | -13.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FUN and SEAT good diversifiers for each other?
A fair diversifier. At 0.36, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between FUN and SEAT?
Using weekly returns as of 2026-08-27: 0.36 over 3 years, with 0.45 over the last year and 0.33 over 5 years.
Is SEAT a good diversifier for FUN?
A fair diversifier. At 0.36, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.36 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/fun-vs-seat.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/fun-vs-seat/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: FUN correlations · SEAT correlations
