HOOD vs MO: Correlation
Measured on weekly returns over the past three years, Robinhood Markets (HOOD) and Altria (MO) carry a correlation of -0.22, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HOOD and MO?
Over the past 3 years, HOOD and MO moved with a correlation of -0.22, which is negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.45 versus -0.22 over 3 years. Over 5 years the correlation is -0.09, and the annualized covariance of weekly returns is -348.3 %².
Among the 39 assets we track against HOOD, MO ranks #34 by 3-year correlation. Twelve-month performance is nearly a tie, at +6.6% for HOOD and +8.8% for MO. This link changes with the market regime, having swung between -0.47 and 0.27 on a rolling one-year basis. Risk is not evenly split, since HOOD carries 3.3 times the volatility of the other side.
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.
HOOD vs MO: side by side
| HOOD (Robinhood Markets) | MO (Altria) | |
|---|---|---|
| 1-year return | +6.6% | +8.8% |
| 5-year return | +151.5% | +100.4% |
| Volatility (ann.) | 71.4% | 21.8% |
| Beta vs S&P 500 | 2.88 | -0.07 |
| Max drawdown (3Y) | -57.3% | -16.4% |
| Market cap | $98.7B | $113.0B |
| P/E (trailing) | 48.1 | 14.6 |
| Dividend yield | 0.00% | 6.13% |
| Sector / category | Financials | Consumer Staples |
Year-by-year returns
| Year | HOOD | MO |
|---|---|---|
| 2022 | -54.2% | +4.4% |
| 2023 | +56.5% | -3.7% |
| 2024 | +192.5% | +40.8% |
| 2025 | +203.5% | +18.2% |
| 2026 | -3.0% | +21.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HOOD and MO good diversifiers for each other?
Yes: at -0.22, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between HOOD and MO?
As of 2026-08-27, the correlation of weekly returns between HOOD and MO is -0.22 over 3 years, -0.45 over 1 year and -0.09 over 5 years.
Is MO a good diversifier for HOOD?
Yes: at -0.22, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.22 mean?
A reading of -0.22 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/hood-vs-mo.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/hood-vs-mo/)
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Related comparisons
Hubs: HOOD correlations · MO correlations
