DSGR vs MOBX: Correlation
How closely do Distribution Solutions Group, Inc. (DSGR) and Mobix Labs, Inc. (MOBX) trade together? Their weekly returns over three years give a correlation of -0.29, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DSGR and MOBX?
On 3 years of weekly data the DSGR/MOBX correlation comes out at -0.29, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.45 versus -0.29 over 3 years. The 5-year figure is -0.22, and annualized covariance runs at -4435.2 %².
Out of 15 assets tracked against DSGR, MOBX lands near the bottom at #14. The last year tells two different stories: DSGR led by 94.3 percentage points, +6.3% for DSGR against -88.0% for MOBX. One caveat on sizing: MOBX is 7.3 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.
DSGR vs MOBX: side by side
| DSGR (Distribution Solutions Group, Inc.) | MOBX (Mobix Labs, Inc.) | |
|---|---|---|
| 1-year return | +6.3% | -88.0% |
| 5-year return | +32.4% | -98.8% |
| Volatility (ann.) | 45.6% | 333.1% |
| Beta vs S&P 500 | 0.72 | -0.62 |
| Max drawdown (3Y) | -52.7% | -99.1% |
| Market cap | $1.6B | – |
| P/E (trailing) | 183.3 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DSGR | MOBX |
|---|---|---|
| 2022 | -32.7% | +3.8% |
| 2023 | +71.2% | -60.6% |
| 2024 | +9.0% | -57.7% |
| 2025 | -20.4% | -84.3% |
| 2026 | +27.2% | -57.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DSGR and MOBX good diversifiers for each other?
Yes: at -0.29, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between DSGR and MOBX?
Using weekly returns as of 2026-08-27: -0.29 over 3 years, with -0.45 over the last year and -0.22 over 5 years.
Is MOBX a good diversifier for DSGR?
Yes: at -0.29, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.29 mean?
On the −1 to +1 scale, -0.29 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
$ curl https://www.pairbook.io/api/v1/pairs/dsgr-vs-mobx.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/dsgr-vs-mobx/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: DSGR correlations · MOBX correlations
