FUND vs SIRI: Correlation
Sprott Focus Trust, Inc. - Closed End Fund (FUND) and SiriusXM Holdings Inc. (SIRI) show a moderate relationship: their 3-year correlation of weekly returns is 0.47.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FUND and SIRI?
Over the past 3 years, FUND and SIRI moved with a correlation of 0.47, which is moderate. The past 12 months show a weaker link (0.30) than the 3-year average (0.47). Over 5 years the correlation is 0.39, and the annualized covariance of weekly returns is 393.9 %².
By 3-year correlation, SIRI places #21 of the 32 assets tracked against FUND. On 12-month performance FUND holds a 13.2-point edge, +39.1% against +25.9%. One caveat on sizing: SIRI is 2.6 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
FUND vs SIRI: side by side
| FUND (Sprott Focus Trust, Inc. - Closed End Fund) | SIRI (SiriusXM Holdings Inc.) | |
|---|---|---|
| 1-year return | +39.1% | +25.9% |
| 5-year return | +83.0% | -45.1% |
| Volatility (ann.) | 17.9% | 46.6% |
| Beta vs S&P 500 | 0.77 | 1.30 |
| Max drawdown (3Y) | -18.2% | -64.5% |
| Market cap | $0.3B | $9.6B |
| P/E (trailing) | 5.8 | 11.4 |
| Dividend yield | 5.36% | 3.79% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FUND | SIRI |
|---|---|---|
| 2022 | -1.2% | -3.2% |
| 2023 | +6.9% | -4.3% |
| 2024 | -1.0% | -56.9% |
| 2025 | +27.5% | -8.0% |
| 2026 | +26.8% | +47.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FUND and SIRI good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.47 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between FUND and SIRI?
The FUND/SIRI correlation stands at 0.47 on a 3-year window (1 year: 0.30, 5 years: 0.39), computed from weekly returns as of 2026-08-27.
Is SIRI a good diversifier for FUND?
Yes, to a useful degree: a correlation of 0.47 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.47 mean?
On the −1 to +1 scale, 0.47 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/fund-vs-siri.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/fund-vs-siri/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: FUND correlations · SIRI correlations
