BTBT vs SOS: Correlation
Measured on weekly returns over the past three years, Bit Digital, Inc. (BTBT) and SOS Limited Class A (SOS) carry a correlation of 0.38, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BTBT and SOS?
Across a 3-year window, the weekly returns of BTBT and SOS correlate at 0.38, moderate. Recent behaviour matches the longer record: 0.32 over 1 year against 0.38 over 3. Stretching to 5 years gives 0.41, with an annualized covariance of 3561.8 %².
Among the 24 assets we track against BTBT, SOS ranks #18 by 3-year correlation. Neither side won the trailing year by much: -42.0% against -44.6%.
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.
BTBT vs SOS: side by side
| BTBT (Bit Digital, Inc.) | SOS (SOS Limited Class A) | |
|---|---|---|
| 1-year return | -42.0% | -44.6% |
| 5-year return | -87.6% | -100.0% |
| Volatility (ann.) | 85.4% | 110.9% |
| Beta vs S&P 500 | 2.24 | 1.13 |
| Max drawdown (3Y) | -78.1% | -99.2% |
| Market cap | $0.6B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BTBT | SOS |
|---|---|---|
| 2022 | -90.1% | -93.4% |
| 2023 | +605.0% | +68.5% |
| 2024 | -30.7% | -90.1% |
| 2025 | -35.5% | -79.7% |
| 2026 | -15.9% | -33.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BTBT and SOS good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.38 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between BTBT and SOS?
Using weekly returns as of 2026-08-27: 0.38 over 3 years, with 0.32 over the last year and 0.41 over 5 years.
Is SOS a good diversifier for BTBT?
Yes, to a useful degree: a correlation of 0.38 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.38 mean?
On the −1 to +1 scale, 0.38 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
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Related comparisons
Hubs: BTBT correlations · SOS correlations
