NFLX vs TROO: Correlation
How closely do Netflix (NFLX) and TROOPS, Inc. (TROO) 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 NFLX and TROO?
Across a 3-year window, the weekly returns of NFLX and TROO correlate at -0.18, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.27) sits close to the 3-year figure. Stretching to 5 years gives 0.01, with an annualized covariance of -662.6 %².
Out of 33 assets tracked against NFLX, TROO lands near the bottom at #29. Correlation aside, the last 12 months split them widely, with TROO ahead by 129.4 points (-34.7% versus +94.7%). Risk is not evenly split, since TROO carries 3.0 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.
NFLX vs TROO: side by side
| NFLX (Netflix) | TROO (TROOPS, Inc.) | |
|---|---|---|
| 1-year return | -34.7% | +94.7% |
| 5-year return | +41.0% | -73.3% |
| Volatility (ann.) | 35.2% | 104.4% |
| Beta vs S&P 500 | 0.99 | 0.54 |
| Max drawdown (3Y) | -49.5% | -89.5% |
| Market cap | $332.4B | $0.3B |
| P/E (trailing) | 25.7 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Communication Services | US Listed |
Year-by-year returns
| Year | NFLX | TROO |
|---|---|---|
| 2022 | -51.1% | -55.6% |
| 2023 | +65.1% | +37.2% |
| 2024 | +83.1% | -45.2% |
| 2025 | +5.2% | +95.1% |
| 2026 | -14.8% | -31.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are NFLX and TROO good diversifiers for each other?
Yes. With a correlation of -0.18, NFLX and TROO have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between NFLX and TROO?
As of 2026-08-27, the correlation of weekly returns between NFLX and TROO is -0.18 over 3 years, -0.27 over 1 year and 0.01 over 5 years.
Is TROO a good diversifier for NFLX?
Yes. With a correlation of -0.18, NFLX and TROO have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.18 mean?
A reading of -0.18 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/nflx-vs-troo.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/nflx-vs-troo/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: NFLX correlations · TROO correlations
