BRNX vs MNST: Correlation
BrenX Ltd. (BRNX) and Monster Beverage (MNST) show a negative relationship: their 3-year correlation of weekly returns is -0.57.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BRNX and MNST?
Across a 3-year window, the weekly returns of BRNX and MNST correlate at -0.57, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.62 lands near the 3-year figure. Stretching to 5 years gives -0.56, with an annualized covariance of -21042.9 %².
Among the 26 assets we track against BRNX, MNST sits near the bottom by co-movement, at rank #26. Correlation aside, the last 12 months split them widely, with MNST ahead by 70.6 points (-94.9% versus -24.3%). Risk is not evenly split, since BRNX carries 7.9 times the volatility of the other side.
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.
BRNX vs MNST: side by side
| BRNX (BrenX Ltd.) | MNST (Monster Beverage) | |
|---|---|---|
| 1-year return | -94.9% | -24.3% |
| 5-year return | -99.9% | -4.5% |
| Volatility (ann.) | 539.2% | 68.6% |
| Beta vs S&P 500 | 1.25 | 0.80 |
| Max drawdown (3Y) | -100.0% | -54.5% |
| Market cap | – | $91.5B |
| P/E (trailing) | – | 43.2 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | Consumer Staples |
Year-by-year returns
| Year | BRNX | MNST |
|---|---|---|
| 2022 | – | +5.7% |
| 2023 | -57.4% | +13.5% |
| 2024 | -77.8% | -8.8% |
| 2025 | -92.4% | +45.9% |
| 2026 | -77.6% | -39.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BRNX and MNST good diversifiers for each other?
Yes: at -0.57, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between BRNX and MNST?
Using weekly returns as of 2026-08-27: -0.57 over 3 years, with -0.62 over the last year and -0.56 over 5 years.
Is MNST a good diversifier for BRNX?
Yes: at -0.57, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.57 mean?
A reading of -0.57 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/brnx-vs-mnst.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/brnx-vs-mnst/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BRNX correlations · MNST correlations
