FOX vs. MGM
FOX (Fox Corporation) and MGM (MGM Resorts International) are both stocks. FOX operates in Broadcasting (Communication Services), while MGM operates in Resorts & Casinos (Consumer Cyclical). Over the past 5 years, FOX returned 5.66%/yr vs 1.27%/yr for MGM. At a 0.42 correlation, their price movements are largely independent.
Performance
FOX vs. MGM - Performance Comparison
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Returns By Period
In the year-to-date period, FOX achieves a -31.02% return, which is significantly lower than MGM's 28.58% return.
FOX
- 1D
- -0.85%
- 1M
- -22.17%
- YTD
- -31.02%
- 6M
- -30.56%
- 1Y
- -12.42%
- 3Y*
- 14.86%
- 5Y*
- 5.66%
- 10Y*
- —
MGM
- 1D
- 0.75%
- 1M
- 22.19%
- YTD
- 28.58%
- 6M
- 26.91%
- 1Y
- 41.11%
- 3Y*
- 4.28%
- 5Y*
- 1.27%
- 10Y*
- 8.05%
FOX vs. MGM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
FOX Fox Corporation | -31.02% | 43.41% | 68.25% | -1.22% | -15.80% | 20.19% | -19.41% | -4.43% |
MGM MGM Resorts International | 28.58% | 5.31% | -22.45% | 33.25% | -25.27% | 42.47% | -4.56% | 26.74% |
Correlation
The correlation between FOX and MGM is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.20 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.32 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.42 |
Correlation (All Time) Calculated using the full available price history since Mar 13, 2019 | 0.42 |
Over the past year, the correlation between FOX and MGM has dropped to 0.20 - well below their long-term average of 0.42, suggesting their price drivers have been diverging.
Fundamentals
FOX:
$19.25B
MGM:
$12.15B
FOX:
$3.83
MGM:
$0.68
FOX:
11.62
MGM:
68.77
FOX:
0.75
MGM:
0.77
FOX:
1.23
MGM:
0.71
FOX:
1.75
MGM:
4.99
FOX:
$16.20B
MGM:
$17.72B
FOX:
$5.67B
MGM:
$5.83B
FOX:
$3.09B
MGM:
$1.37B
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Return for Risk
FOX vs. MGM — Risk / Return Rank
FOX
MGM
FOX vs. MGM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fox Corporation (FOX) and MGM Resorts International (MGM). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FOX | MGM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.43 | ||
| Sortino ratioReturn per unit of downside risk | -2.18 | ||
| Omega ratioGain probability vs. loss probability | 0.95 | 1.21 | -0.26 |
| Calmar ratioReturn relative to maximum drawdown | -0.37 | 1.82 | -2.18 |
| Martin ratioReturn relative to average drawdown | -1.02 | 3.87 | -4.89 |
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Drawdowns
FOX vs. MGM - Drawdown Comparison
The maximum FOX drawdown since its inception was -50.70%, smaller than the maximum MGM drawdown of -98.11%. Use the drawdown chart below to compare losses from any high point for FOX and MGM.
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Drawdown Indicators
| FOX | MGM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.70% | -98.11% | +47.41% |
Max Drawdown (1Y)Largest decline over 1 year | -33.90% | -22.76% | -11.14% |
Max Drawdown (3Y)Largest decline over 3 years | -33.90% | -49.33% | +15.43% |
Max Drawdown (5Y)Largest decline over 5 years | -33.90% | -49.33% | +15.43% |
Max Drawdown (10Y)Largest decline over 10 years | — | -80.42% | — |
Current DrawdownCurrent decline from peak | -33.90% | -50.21% | +16.31% |
Average DrawdownAverage peak-to-trough decline | -17.72% | -46.42% | +28.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.17% | 10.66% | +1.51% |
Volatility
FOX vs. MGM - Volatility Comparison
Fox Corporation (FOX) and MGM Resorts International (MGM) have volatilities of 19.22% and 18.70%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FOX | MGM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.22% | 18.70% | +0.52% |
Volatility (6M)Calculated over the trailing 6-month period | 26.84% | 31.49% | -4.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.48% | 39.60% | -7.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.40% | 40.44% | -13.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.75% | 45.79% | -14.04% |
Dividends
FOX vs. MGM - Dividend Comparison
FOX's dividend yield for the trailing twelve months is around 1.26%, while MGM has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
FOX Fox Corporation | 1.26% | 0.85% | 1.16% | 1.84% | 1.72% | 1.37% | 1.59% | 1.26% | 0.00% | 0.00% |
MGM MGM Resorts International | 0.00% | 0.00% | 0.00% | 0.00% | 0.03% | 0.02% | 0.50% | 1.56% | 1.98% | 1.32% |
Financials
FOX vs. MGM - Financials Comparison
This section allows you to compare key financial metrics between Fox Corporation and MGM Resorts International. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
FOX vs. MGM - Profitability Comparison
FOX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Fox Corporation reported a gross profit of 1.50B and revenue of 3.99B. Therefore, the gross margin over that period was 37.6%.
MGM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, MGM Resorts International reported a gross profit of 0.00 and revenue of 4.45B. Therefore, the gross margin over that period was 0.0%.
FOX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Fox Corporation reported an operating income of 801.00M and revenue of 3.99B, resulting in an operating margin of 20.1%.
MGM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, MGM Resorts International reported an operating income of 301.24M and revenue of 4.45B, resulting in an operating margin of 6.8%.
FOX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Fox Corporation reported a net income of 166.00M and revenue of 3.99B, resulting in a net margin of 4.2%.
MGM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, MGM Resorts International reported a net income of 125.14M and revenue of 4.45B, resulting in a net margin of 2.8%.
Frequently Asked Questions
FOX and MGM have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FOX has higher volatility (19.22%) compared to MGM (18.70%). In terms of maximum drawdown, FOX dropped -50.70% vs MGM's -98.11%.
MGM currently has the higher Sharpe Ratio (1.04 vs -0.38), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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