FOX vs. NFLX
FOX (Fox Corporation) and NFLX (Netflix, Inc.) are both stocks. Both are in the Communication Services sector — FOX in Broadcasting, NFLX in Entertainment. Over the past 5 years, FOX returned 10.88%/yr vs 6.74%/yr for NFLX. Their 0.21 correlation means their historical movements had little consistent relationship.
Performance
FOX vs. NFLX - Performance Comparison
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Returns By Period
In the year-to-date period, FOX achieves a -19.58% return, which is significantly higher than NFLX's -23.52% return.
FOX
- 1D
- -0.76%
- 1M
- 2.73%
- 6M
- -20.36%
- YTD
- -19.58%
- 1Y
- 3.46%
- 3Y*
- 20.11%
- 5Y*
- 10.88%
- 10Y*
- —
- ALL TIME*
- 5.59%
NFLX
- 1D
- -2.00%
- 1M
- -7.65%
- 6M
- -14.11%
- YTD
- -23.52%
- 1Y
- -38.11%
- 3Y*
- 17.81%
- 5Y*
- 6.74%
- 10Y*
- 22.59%
- ALL TIME*
- 30.45%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $59.81M | $64.25M | $88.34M | |
NFLX Netflix, Inc. | $3.27B | $3.56B | $3.41B |
FOX vs. NFLX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
FOX Fox Corporation | -19.58% | 43.41% | 68.25% | -1.22% | -15.80% | 20.19% | -19.41% | -4.43% |
NFLX Netflix, Inc. | -23.52% | 5.19% | 83.07% | 65.11% | -51.05% | 11.41% | 67.11% | -9.18% |
Correlation
The correlation between FOX and NFLX is 0.17, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.17 |
Correlation (3Y) Balances recent behavior with more history. | 0.19 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.27 |
Correlation (All Time) Calculated using the full available price history since Mar 13, 2019 | 0.21 |
The correlation between FOX and NFLX shifts across timeframes, from 0.17 (1 year) to 0.27 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
FOX:
$22.78B
NFLX:
$298.60B
FOX:
$3.87
NFLX:
$3.17
FOX:
13.44
NFLX:
22.61
FOX:
0.87
NFLX:
0.90
FOX:
1.42
NFLX:
6.38
FOX:
2.05
NFLX:
10.13
FOX:
$16.20B
NFLX:
$48.37B
FOX:
$5.67B
NFLX:
$23.76B
FOX:
$3.09B
NFLX:
$30.55B
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Return for Risk
FOX vs. NFLX — Risk / Return Rank
FOX
NFLX
FOX vs. NFLX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fox Corporation (FOX) and Netflix, Inc. (NFLX). 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 | NFLX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.18 | ||
| Sortino ratioReturn per unit of downside risk | +1.94 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 0.80 | +0.25 |
| Calmar ratioReturn relative to maximum drawdown | 0.08 | -0.82 | +0.90 |
| Martin ratioReturn relative to average drawdown | 0.18 | -1.45 | +1.62 |
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Drawdowns
FOX vs. NFLX - Drawdown Comparison
The maximum FOX drawdown since its inception was -50.70%, smaller than the maximum NFLX drawdown of -81.99%. Use the drawdown chart below to compare losses from any high point for FOX and NFLX.
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Drawdown Indicators
| FOX | NFLX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.70% | -81.99% | +31.29% |
Max Drawdown (1Y)Largest decline over 1 year | -34.14% | -46.49% | +12.35% |
Max Drawdown (3Y)Largest decline over 3 years | -34.14% | -49.52% | +15.38% |
Max Drawdown (5Y)Largest decline over 5 years | -34.14% | -75.95% | +41.81% |
Max Drawdown (10Y)Largest decline over 10 years | — | -75.95% | — |
Current DrawdownCurrent decline from peak | -22.94% | -46.45% | +23.51% |
Average DrawdownAverage peak-to-trough decline | -17.85% | -25.02% | +7.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.98% | 26.37% | -11.39% |
Volatility
FOX vs. NFLX - Volatility Comparison
The current volatility for Fox Corporation (FOX) is 8.73%, while Netflix, Inc. (NFLX) has a volatility of 11.07%. This indicates that FOX experiences smaller price fluctuations and is considered to be less risky than NFLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FOX | NFLX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.73% | 11.07% | -2.34% |
Volatility (6M)Calculated over the trailing 6-month period | 28.56% | 27.83% | +0.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 33.55% | 34.79% | -1.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.57% | 43.50% | -15.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.76% | 41.35% | -9.59% |
Dividends
FOX vs. NFLX - Dividend Comparison
FOX's dividend yield for the trailing twelve months is around 1.08%, while NFLX has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
FOX Fox Corporation | 1.08% | 0.85% | 1.16% | 1.84% | 1.72% | 1.37% | 1.59% | 1.26% |
NFLX Netflix, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
FOX vs. NFLX - Financials Comparison
This section allows you to compare key financial metrics between Fox Corporation and Netflix, Inc.. 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. NFLX - Profitability Comparison
FOX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 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%.
NFLX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Netflix, Inc. reported a gross profit of 6.52B and revenue of 12.56B. Therefore, the gross margin over that period was 51.9%.
FOX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Fox Corporation reported an operating income of 801.00M and revenue of 3.99B, resulting in an operating margin of 20.1%.
NFLX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Netflix, Inc. reported an operating income of 4.19B and revenue of 12.56B, resulting in an operating margin of 33.4%.
FOX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Fox Corporation reported a net income of 166.00M and revenue of 3.99B, resulting in a net margin of 4.2%.
NFLX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Netflix, Inc. reported a net income of 3.40B and revenue of 12.56B, resulting in a net margin of 27.1%.
Frequently Asked Questions
FOX and NFLX have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NFLX has higher volatility (11.07%) compared to FOX (8.73%). In terms of maximum drawdown, FOX dropped -50.70% vs NFLX's -81.99%.
FOX currently has the higher Sharpe Ratio (0.08 vs -1.10), 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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