HAPN vs SOFI: Correlation
Measured on weekly returns over the past three years, Happen, Inc. (HAPN) and SoFi Technologies, Inc. (SOFI) carry a correlation of 0.67, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HAPN and SOFI?
On 3 years of weekly data the HAPN/SOFI correlation comes out at 0.67, strong. The relationship has been stable: the 1-year correlation (0.68) sits close to the 3-year figure. The 5-year figure is 0.59, and annualized covariance runs at 1932.9 %².
Few assets follow HAPN as closely as SOFI, which ranks #1 of 15 tracked partners. The last year tells two different stories: HAPN led by 32.9 percentage points, +9.7% for HAPN against -23.2% for SOFI.
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.
HAPN vs SOFI: side by side
| HAPN (Happen, Inc.) | SOFI (SoFi Technologies, Inc.) | |
|---|---|---|
| 1-year return | +9.7% | -23.2% |
| 5-year return | -35.2% | +35.2% |
| Volatility (ann.) | 51.5% | 56.2% |
| Beta vs S&P 500 | 1.56 | 2.40 |
| Max drawdown (3Y) | -52.2% | -53.0% |
| Market cap | $2.1B | $24.8B |
| P/E (trailing) | 11.0 | 38.4 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | HAPN | SOFI |
|---|---|---|
| 2022 | -63.6% | -70.8% |
| 2023 | -0.7% | +115.8% |
| 2024 | +85.2% | +54.8% |
| 2025 | +17.0% | +70.0% |
| 2026 | -2.6% | -26.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HAPN and SOFI good diversifiers for each other?
Somewhat, no more. With 0.67 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between HAPN and SOFI?
As of 2026-08-27, the correlation of weekly returns between HAPN and SOFI is 0.67 over 3 years, 0.68 over 1 year and 0.59 over 5 years.
Is SOFI a good diversifier for HAPN?
Somewhat, no more. With 0.67 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.67 mean?
A reading of 0.67 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/hapn-vs-sofi.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/hapn-vs-sofi/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: HAPN correlations · SOFI correlations
