CKX vs MLEC: Correlation
Measured on weekly returns over the past three years, CKX Lands, Inc. (CKX) and Moolec Science SA (MLEC) carry a correlation of 0.30, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CKX and MLEC?
Over the past 3 years, CKX and MLEC moved with a correlation of 0.30, which is moderate. Lately the two have moved closer together, with the 1-year correlation at 0.48 versus 0.30 over 3 years. Over 5 years the correlation is 0.20, and the annualized covariance of weekly returns is 816.9 %².
Few assets follow CKX as closely as MLEC, which ranks #1 of 14 tracked partners. Correlation aside, the last 12 months split them widely, with CKX ahead by 59.2 points (-5.1% versus -64.3%). One caveat on sizing: MLEC is 4.1 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.
CKX vs MLEC: side by side
| CKX (CKX Lands, Inc.) | MLEC (Moolec Science SA) | |
|---|---|---|
| 1-year return | -5.1% | -64.3% |
| 5-year return | -7.1% | -99.5% |
| Volatility (ann.) | 25.7% | 104.4% |
| Beta vs S&P 500 | 0.01 | -0.21 |
| Max drawdown (3Y) | -37.0% | -99.3% |
| Market cap | – | – |
| P/E (trailing) | 7.5 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CKX | MLEC |
|---|---|---|
| 2022 | -11.2% | +22.7% |
| 2023 | +30.3% | -79.7% |
| 2024 | -2.8% | -67.5% |
| 2025 | -27.4% | -96.8% |
| 2026 | +16.4% | +78.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CKX and MLEC good diversifiers for each other?
A fair diversifier. At 0.30, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between CKX and MLEC?
The CKX/MLEC correlation stands at 0.30 on a 3-year window (1 year: 0.48, 5 years: 0.20), computed from weekly returns as of 2026-08-27.
Is MLEC a good diversifier for CKX?
A fair diversifier. At 0.30, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.30 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/ckx-vs-mlec.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/ckx-vs-mlec/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CKX correlations · MLEC correlations
