NFLX correlations (Netflix)
NFLX measured against 4756 US stocks and ETFs: closest co-movers on one side, the best offsets on the other, all from weekly returns.
Data as of 2026-08-27 · refreshed every trading day · Communication Services · Movies & Entertainment
Volatility (ann.)
35.2%
3y weekly
Beta vs S&P 500
0.99
3y weekly
1-year return
-34.7%
price, adjusted
5-year return
+41.0%
price, adjusted
Market cap
$332.4B
latest
P/E ratio
25.7
trailing
Max drawdown
-49.5%
3y, daily closes
NFLX over the last 12 months, weekly closes indexed to 100 at the start.
Stocks and ETFs most correlated with NFLX
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| XLC | Communication Services Select Sector SPDR Fund | 0.48 | |
| FNGO | MicroSectors FANG Index 2X Leveraged ETNs due January 8 | 0.47 | |
| SPOT | Spotify Technology S.A. | 0.47 | |
| EOS | Eaton Vance Enhance Equity Income Fund II | 0.45 | |
| ETY | Eaton Vance Tax-Managed Diversified Equity Income Fund | 0.45 | |
| ETJ | Eaton Vance Risk-Managed Diversified Equity Income Fund | 0.43 | |
| CSQ | Calamos Strategic Total Return Fund - Closed End Fund | 0.42 | |
| VUG | Vanguard Growth ETF | 0.42 | |
| EOI | Eaton Vance Enhance Equity Income Fund Eaton Vance Enhanced | 0.42 | |
| MTUM | iShares MSCI USA Momentum Factor ETF | 0.42 | |
| BST | BlackRock Science and Technology Trust | 0.42 | |
| TKO | TKO Group Holdings | 0.41 | |
| GLQ | Clough Global Equity Fund | 0.41 | |
| IVV | iShares Core S&P 500 ETF | 0.41 | |
| VTI | Vanguard Total Stock Market ETF | 0.41 |
Best diversifiers for NFLX
If the goal is offsetting NFLX, these tracked assets have historically moved the most on their own terms.
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| FNGD | MicroSectors FANG Index -3X Inverse Leveraged ETNs due | -0.49 | |
| VXX | iPath Series B S&P 500 VIX Short-Term Futures ETN | -0.34 | |
| VXZ | iPath Series B S&P 500 VIX Mid-Term Futures ETN | -0.32 | |
| ALMS | Alumis Inc. | -0.24 | |
| TROO | TROOPS, Inc. | -0.18 | |
| ADM | Archer Daniels Midland | -0.17 | |
| AUC | ATIF Holdings Limited | -0.17 | |
| MNDR | Mobile-health Network Solutions - Class A | -0.17 | |
| UNH | UnitedHealth Group | -0.17 | |
| GURE | Gulf Resources, Inc. | -0.16 |
NFLX vs benchmarks
NFLX vs its peers
Get NFLX data as JSON
$ curl https://www.pairbook.io/api/v1/symbols/nflx.jsonCorrelations, diversifiers, beta and volatility for NFLX, plus one endpoint per pair. API documentation.
NFLX inside major ETFs
| ETF | NFLX weight | |
|---|---|---|
| XLC | Communication Services Select Sector SPDR Fund | 4.84% |
| QUAL | iShares MSCI USA Quality Factor ETF | 1.91% |
| QQQ | Invesco QQQ Trust | 1.52% |
| QQQM | Invesco Nasdaq 100 ETF | 1.52% |
| SPYG | SPDR Portfolio S&P 500 Growth ETF | 0.96% |
| VUG | Vanguard Growth ETF | 0.86% |
| IVV | iShares Core S&P 500 ETF | 0.52% |
| SPY | SPDR S&P 500 ETF Trust | 0.52% |
| VOO | Vanguard S&P 500 ETF | 0.47% |
| VTI | Vanguard Total Stock Market ETF | 0.42% |
