BWEN vs SOWG: Correlation
How closely do Broadwind, Inc. (BWEN) and Sow Good Inc. (SOWG) trade together? Their weekly returns over three years give a correlation of 0.37, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BWEN and SOWG?
Across a 3-year window, the weekly returns of BWEN and SOWG correlate at 0.37, moderate. Little has changed lately, as the 1-year reading of 0.37 lands near the 3-year figure. Stretching to 5 years gives 0.19, with an annualized covariance of 6115.0 %².
Among the 17 assets we track against BWEN, SOWG ranks #12 by 3-year correlation. The last year tells two different stories: BWEN led by 183.0 percentage points, +112.5% for BWEN against -70.5% for SOWG. Note the risk asymmetry: SOWG runs 1.6 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.
BWEN vs SOWG: side by side
| BWEN (Broadwind, Inc.) | SOWG (Sow Good Inc.) | |
|---|---|---|
| 1-year return | +112.5% | -70.5% |
| 5-year return | +46.2% | -96.6% |
| Volatility (ann.) | 99.9% | 164.0% |
| Beta vs S&P 500 | 1.25 | 1.93 |
| Max drawdown (3Y) | -69.3% | -99.7% |
| Market cap | $0.1B | $0.1B |
| P/E (trailing) | 12.1 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BWEN | SOWG |
|---|---|---|
| 2022 | -4.8% | +11.1% |
| 2023 | +54.7% | +302.0% |
| 2024 | -32.1% | -79.7% |
| 2025 | +50.5% | -83.3% |
| 2026 | +62.2% | -40.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BWEN and SOWG good diversifiers for each other?
Reasonably. At 0.37, BWEN and SOWG keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between BWEN and SOWG?
Using weekly returns as of 2026-08-27: 0.37 over 3 years, with 0.37 over the last year and 0.19 over 5 years.
Is SOWG a good diversifier for BWEN?
Reasonably. At 0.37, BWEN and SOWG keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.37 mean?
A reading of 0.37 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/bwen-vs-sowg.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bwen-vs-sowg/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BWEN correlations · SOWG correlations
