ARTW vs SONM: Correlation
Art's-Way Manufacturing Co., Inc. (ARTW) and DNA X, Inc. (SONM) show a negative relationship: their 3-year correlation of weekly returns is -0.20.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ARTW and SONM?
Across a 3-year window, the weekly returns of ARTW and SONM correlate at -0.20, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.14 lands near the 3-year figure. Stretching to 5 years gives -0.11, with an annualized covariance of -1421.5 %².
SONM is close to the least connected end of ARTW's tracked universe, ranking #10 of 11. Their recent paths diverged sharply: over the last 12 months ARTW outperformed by 66.2 percentage points (-3.0% for ARTW against -69.2% for SONM). One caveat on sizing: SONM is 1.6 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
ARTW vs SONM: side by side
| ARTW (Art's-Way Manufacturing Co., Inc.) | SONM (DNA X, Inc.) | |
|---|---|---|
| 1-year return | -3.0% | -69.2% |
| 5-year return | -16.9% | -99.6% |
| Volatility (ann.) | 68.2% | 106.4% |
| Beta vs S&P 500 | 0.87 | 0.06 |
| Max drawdown (3Y) | -60.0% | -98.5% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ARTW | SONM |
|---|---|---|
| 2022 | -45.5% | -53.9% |
| 2023 | +7.3% | +72.9% |
| 2024 | +4.8% | -57.1% |
| 2025 | +8.3% | -94.5% |
| 2026 | +23.4% | +3.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ARTW and SONM good diversifiers for each other?
Yes: at -0.20, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between ARTW and SONM?
As of 2026-08-27, the correlation of weekly returns between ARTW and SONM is -0.20 over 3 years, -0.14 over 1 year and -0.11 over 5 years.
Is SONM a good diversifier for ARTW?
Yes: at -0.20, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.20 mean?
On the −1 to +1 scale, -0.20 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/artw-vs-sonm.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/artw-vs-sonm/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ARTW correlations · SONM correlations
