IMAX vs META: Correlation
How closely do Imax Corporation (IMAX) and Meta Platforms (META) trade together? Their weekly returns over three years give a correlation of -0.18, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are IMAX and META?
Over the past 3 years, IMAX and META moved with a correlation of -0.18, which is negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.24 lands near the 3-year figure. Over 5 years the correlation is 0.09, and the annualized covariance of weekly returns is -246.5 %².
META is close to the least connected end of IMAX's tracked universe, ranking #8 of 10. The last year tells two different stories: IMAX led by 102.7 percentage points, +79.4% for IMAX against -23.3% for META.
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.
IMAX vs META: side by side
| IMAX (Imax Corporation) | META (Meta Platforms) | |
|---|---|---|
| 1-year return | +79.4% | -23.3% |
| 5-year return | +235.1% | +51.3% |
| Volatility (ann.) | 37.2% | 36.9% |
| Beta vs S&P 500 | 0.17 | 1.45 |
| Max drawdown (3Y) | -32.0% | -34.2% |
| Market cap | $2.8B | $1,454.9B |
| P/E (trailing) | 72.1 | 21.7 |
| Dividend yield | 0.00% | 0.36% |
| Sector / category | US Listed | Communication Services |
Year-by-year returns
| Year | IMAX | META |
|---|---|---|
| 2022 | -17.8% | -64.2% |
| 2023 | +2.5% | +194.1% |
| 2024 | +70.4% | +66.0% |
| 2025 | +44.4% | +13.1% |
| 2026 | +40.5% | -13.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are IMAX and META good diversifiers for each other?
Yes. With a correlation of -0.18, IMAX and META have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between IMAX and META?
As of 2026-08-27, the correlation of weekly returns between IMAX and META is -0.18 over 3 years, -0.24 over 1 year and 0.09 over 5 years.
Is META a good diversifier for IMAX?
Yes. With a correlation of -0.18, IMAX and META have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.18 mean?
On the −1 to +1 scale, -0.18 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/imax-vs-meta.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/imax-vs-meta/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: IMAX correlations · META correlations
