FOX vs. SPY
FOX (Fox Corporation) is a stock, while SPY (State Street SPDR S&P 500 ETF) is S&P 500 fund tracking the S&P 500 Index. Over the past 5 years, FOX returned 6.18%/yr vs 13.51%/yr for SPY. At a 0.45 correlation, their price movements are largely independent.
Performance
FOX vs. SPY - Performance Comparison
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Returns By Period
In the year-to-date period, FOX achieves a -30.43% return, which is significantly lower than SPY's 9.74% return.
FOX
- 1D
- -4.30%
- 1M
- -21.51%
- YTD
- -30.43%
- 6M
- -30.02%
- 1Y
- -10.52%
- 3Y*
- 15.19%
- 5Y*
- 6.18%
- 10Y*
- —
SPY
- 1D
- -0.31%
- 1M
- 0.09%
- YTD
- 9.74%
- 6M
- 9.27%
- 1Y
- 26.65%
- 3Y*
- 21.27%
- 5Y*
- 13.51%
- 10Y*
- 15.70%
FOX vs. SPY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
FOX Fox Corporation | -30.43% | 43.41% | 68.25% | -1.22% | -15.80% | 20.19% | -19.41% | -4.43% |
SPY State Street SPDR S&P 500 ETF | 9.74% | 17.72% | 24.89% | 26.18% | -18.18% | 28.73% | 18.33% | 17.34% |
Correlation
The correlation between FOX and SPY is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.29 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.43 |
Correlation (All Time) Calculated using the full available price history since Mar 13, 2019 | 0.45 |
Over the past year, the correlation between FOX and SPY has dropped to 0.21 - well below their long-term average of 0.45, suggesting their price drivers have been diverging.
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Return for Risk
FOX vs. SPY — Risk / Return Rank
FOX
SPY
FOX vs. SPY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fox Corporation (FOX) and State Street SPDR S&P 500 ETF (SPY). 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 | SPY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.48 | ||
| Sortino ratioReturn per unit of downside risk | -3.14 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 1.39 | -0.42 |
| Calmar ratioReturn relative to maximum drawdown | -0.32 | 3.01 | -3.33 |
| Martin ratioReturn relative to average drawdown | -0.88 | 13.54 | -14.42 |
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Drawdowns
FOX vs. SPY - Drawdown Comparison
The maximum FOX drawdown since its inception was -50.70%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for FOX and SPY.
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Drawdown Indicators
| FOX | SPY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.70% | -55.19% | +4.49% |
Max Drawdown (1Y)Largest decline over 1 year | -33.34% | -8.88% | -24.46% |
Max Drawdown (3Y)Largest decline over 3 years | -33.34% | -18.76% | -14.58% |
Max Drawdown (5Y)Largest decline over 5 years | -33.34% | -24.50% | -8.84% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.72% | — |
Current DrawdownCurrent decline from peak | -33.34% | -1.75% | -31.59% |
Average DrawdownAverage peak-to-trough decline | -17.71% | -9.04% | -8.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.99% | 1.97% | +10.02% |
Volatility
FOX vs. SPY - Volatility Comparison
Fox Corporation (FOX) has a higher volatility of 19.29% compared to State Street SPDR S&P 500 ETF (SPY) at 4.64%. This indicates that FOX's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FOX | SPY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.29% | 4.64% | +14.65% |
Volatility (6M)Calculated over the trailing 6-month period | 26.84% | 9.75% | +17.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.53% | 12.43% | +20.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.40% | 17.14% | +10.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.75% | 17.99% | +13.76% |
Dividends
FOX vs. SPY - Dividend Comparison
FOX's dividend yield for the trailing twelve months is around 1.25%, more than SPY's 1.01% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FOX Fox Corporation | 1.25% | 0.85% | 1.16% | 1.84% | 1.72% | 1.37% | 1.59% | 1.26% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY State Street SPDR S&P 500 ETF | 1.01% | 1.07% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% |
Frequently Asked Questions
FOX and SPY have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FOX has higher volatility (19.29%) compared to SPY (4.64%). In terms of maximum drawdown, FOX dropped -50.70% vs SPY's -55.19%.
SPY currently has the higher Sharpe Ratio (2.16 vs -0.33), 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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