SPHR vs. FOXA
SPHR (Sphere Entertainment Co.) and FOXA (Fox Corporation) are both stocks. Both are in the Communication Services sector — SPHR in Entertainment, FOXA in Broadcasting. Over the past 5 years, SPHR returned 36.11%/yr vs 12.39%/yr for FOXA. Their 0.28 correlation means their historical movements had little consistent relationship.
Performance
SPHR vs. FOXA - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SPHR achieves a 54.91% return, which is significantly higher than FOXA's -19.27% return.
SPHR
- 1D
- 2.82%
- 1M
- -10.07%
- 6M
- 55.66%
- YTD
- 54.91%
- 1Y
- 261.80%
- 3Y*
- 57.48%
- 5Y*
- 36.11%
- 10Y*
- —
- ALL TIME*
- 20.15%
FOXA
- 1D
- 0.81%
- 1M
- 3.93%
- 6M
- -18.50%
- YTD
- -19.27%
- 1Y
- 6.70%
- 3Y*
- 22.63%
- 5Y*
- 12.39%
- 10Y*
- —
- ALL TIME*
- 7.48%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
FOXA Fox Corporation | $193.27M | $264.06M | $336.08M |
| $118.15M | $101.63M | $105.33M |
SPHR vs. FOXA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
SPHR Sphere Entertainment Co. | 54.91% | 135.81% | 18.73% | 63.49% | -36.07% | -33.04% | 5.04% |
FOXA Fox Corporation | -19.27% | 51.83% | 66.31% | -0.83% | -16.61% | 28.24% | 11.64% |
Correlation
The correlation between SPHR and FOXA is 0.10, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.10 |
Correlation (3Y) Balances recent behavior with more history. | 0.24 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.29 |
Correlation (All Time) Calculated using the full available price history since Apr 9, 2020 | 0.28 |
The correlation between SPHR and FOXA shifts across timeframes, from 0.10 (1 year) to 0.29 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
SPHR:
$5.30B
FOXA:
$25.74B
SPHR:
$3.02
FOXA:
$3.87
SPHR:
48.74
FOXA:
15.19
SPHR:
0.07
FOXA:
1.00
SPHR:
4.40
FOXA:
1.60
SPHR:
$1.33B
FOXA:
$16.20B
SPHR:
$640.21M
FOXA:
$5.67B
SPHR:
$548.04M
FOXA:
$3.09B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SPHR vs. FOXA — Risk / Return Rank
SPHR
FOXA
SPHR vs. FOXA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Sphere Entertainment Co. (SPHR) and Fox Corporation (FOXA). 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.
| SPHR | FOXA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +4.85 | ||
| Sortino ratioReturn per unit of downside risk | +4.67 | ||
| Omega ratioGain probability vs. loss probability | 1.59 | 1.07 | +0.52 |
| Calmar ratioReturn relative to maximum drawdown | 11.49 | 0.19 | +11.30 |
| Martin ratioReturn relative to average drawdown | 40.39 | 0.43 | +39.96 |
Loading charts...
Drawdowns
SPHR vs. FOXA - Drawdown Comparison
The maximum SPHR drawdown since its inception was -65.73%, which is greater than FOXA's maximum drawdown of -50.56%. Use the drawdown chart below to compare losses from any high point for SPHR and FOXA.
Loading charts...
Drawdown Indicators
| SPHR | FOXA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.73% | -50.56% | -15.17% |
Max Drawdown (1Y)Largest decline over 1 year | -22.96% | -35.58% | +12.62% |
Max Drawdown (3Y)Largest decline over 3 years | -52.29% | -35.58% | -16.71% |
Max Drawdown (5Y)Largest decline over 5 years | -52.29% | -35.58% | -16.71% |
Current DrawdownCurrent decline from peak | -14.88% | -22.50% | +7.62% |
Average DrawdownAverage peak-to-trough decline | -29.33% | -17.72% | -11.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.52% | 15.73% | -9.21% |
Volatility
SPHR vs. FOXA - Volatility Comparison
Sphere Entertainment Co. (SPHR) has a higher volatility of 16.95% compared to Fox Corporation (FOXA) at 7.93%. This indicates that SPHR's price experiences larger fluctuations and is considered to be riskier than FOXA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SPHR | FOXA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.95% | 7.93% | +9.02% |
Volatility (6M)Calculated over the trailing 6-month period | 40.26% | 30.29% | +9.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 52.39% | 35.01% | +17.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 52.01% | 28.44% | +23.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 51.34% | 32.72% | +18.62% |
Dividends
SPHR vs. FOXA - Dividend Comparison
SPHR has not paid dividends to shareholders, while FOXA's dividend yield for the trailing twelve months is around 0.95%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
FOXA Fox Corporation | 0.95% | 0.75% | 1.09% | 1.72% | 1.61% | 1.27% | 1.58% | 1.24% |
SPHR Sphere Entertainment Co. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
SPHR vs. FOXA - Financials Comparison
This section allows you to compare key financial metrics between Sphere Entertainment Co. and Fox Corporation. 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
SPHR vs. FOXA - Profitability Comparison
SPHR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Sphere Entertainment Co. reported a gross profit of 132.40M and revenue of 386.41M. Therefore, the gross margin over that period was 34.3%.
FOXA - 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%.
SPHR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Sphere Entertainment Co. reported an operating income of 10.78M and revenue of 386.41M, resulting in an operating margin of 2.8%.
FOXA - 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%.
SPHR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Sphere Entertainment Co. reported a net income of 4.46M and revenue of 386.41M, resulting in a net margin of 1.2%.
FOXA - 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%.
Frequently Asked Questions
SPHR and FOXA have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SPHR has higher volatility (16.95%) compared to FOXA (7.93%). In terms of maximum drawdown, SPHR dropped -65.73% vs FOXA's -50.56%.
SPHR currently has the higher Sharpe Ratio (5.04 vs 0.19), 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.
Find the right allocation for SPHR and FOXA
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer