GPN vs SONM: Correlation
How closely do Global Payments (GPN) and DNA X, Inc. (SONM) trade together? Their weekly returns over three years give a correlation of -0.15, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GPN and SONM?
On 3 years of weekly data the GPN/SONM correlation comes out at -0.15, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.16 lands near the 3-year figure. The 5-year figure is -0.03, and annualized covariance runs at -585.8 %².
Among the 39 assets we track against GPN, SONM ranks #30 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months GPN outperformed by 76.2 percentage points (+7.0% for GPN against -69.2% for SONM). One caveat on sizing: SONM is 3.0 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.
GPN vs SONM: side by side
| GPN (Global Payments) | SONM (DNA X, Inc.) | |
|---|---|---|
| 1-year return | +7.0% | -69.2% |
| 5-year return | -39.6% | -99.6% |
| Volatility (ann.) | 35.9% | 106.4% |
| Beta vs S&P 500 | 1.22 | 0.06 |
| Max drawdown (3Y) | -54.0% | -98.5% |
| Market cap | $24.5B | – |
| P/E (trailing) | 44.0 | – |
| Dividend yield | 1.08% | 0.00% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | GPN | SONM |
|---|---|---|
| 2022 | -25.9% | -53.9% |
| 2023 | +29.0% | +72.9% |
| 2024 | -11.0% | -57.1% |
| 2025 | -30.1% | -94.5% |
| 2026 | +20.7% | +3.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GPN and SONM good diversifiers for each other?
Yes: at -0.15, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between GPN and SONM?
The GPN/SONM correlation stands at -0.15 on a 3-year window (1 year: -0.16, 5 years: -0.03), computed from weekly returns as of 2026-08-27.
Is SONM a good diversifier for GPN?
Yes: at -0.15, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.15 mean?
On the −1 to +1 scale, -0.15 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/gpn-vs-sonm.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/gpn-vs-sonm/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: GPN correlations · SONM correlations
