BLNE vs VNOM: Correlation
Beeline Holdings, Inc. (BLNE) and Viper Energy, Inc. (VNOM) show a negative relationship: their 3-year correlation of weekly returns is -0.25.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BLNE and VNOM?
On 3 years of weekly data the BLNE/VNOM correlation comes out at -0.25, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.28 over 1 year against -0.25 over 3. The 5-year figure is -0.13, and annualized covariance runs at -1099.1 %².
VNOM is close to the least connected end of BLNE's tracked universe, ranking #18 of 19. The last year tells two different stories: VNOM led by 56.7 percentage points, -36.2% for BLNE against +20.5% for VNOM. Note the risk asymmetry: BLNE runs 4.3 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
BLNE vs VNOM: side by side
| BLNE (Beeline Holdings, Inc.) | VNOM (Viper Energy, Inc.) | |
|---|---|---|
| 1-year return | -36.2% | +20.5% |
| 5-year return | -99.8% | +230.6% |
| Volatility (ann.) | 136.3% | 31.8% |
| Beta vs S&P 500 | 0.59 | 0.33 |
| Max drawdown (3Y) | -96.7% | -34.5% |
| Market cap | – | $23.4B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 5.54% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BLNE | VNOM |
|---|---|---|
| 2022 | -87.2% | +61.7% |
| 2023 | -71.8% | +4.8% |
| 2024 | -25.3% | +65.5% |
| 2025 | -82.1% | -16.6% |
| 2026 | -42.8% | +20.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BLNE and VNOM good diversifiers for each other?
Yes: at -0.25, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between BLNE and VNOM?
Using weekly returns as of 2026-08-27: -0.25 over 3 years, with -0.28 over the last year and -0.13 over 5 years.
Is VNOM a good diversifier for BLNE?
Yes: at -0.25, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.25 mean?
A reading of -0.25 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/blne-vs-vnom.json
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[](https://www.pairbook.io/pair/blne-vs-vnom/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BLNE correlations · VNOM correlations
