IOT vs MDB: Correlation
Samsara Inc. (IOT) and MongoDB, Inc. (MDB) show a moderate relationship: their 3-year correlation of weekly returns is 0.53.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are IOT and MDB?
Across a 3-year window, the weekly returns of IOT and MDB correlate at 0.53, moderate. Recent behaviour matches the longer record: 0.46 over 1 year against 0.53 over 3. Stretching to 5 years gives 0.59, with an annualized covariance of 2020.1 %².
Among the 18 assets we track against IOT, MDB ranks #9 by 3-year correlation. The last year tells two different stories: MDB led by 31.6 percentage points, +17.4% for IOT against +49.0% for MDB.
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.
IOT vs MDB: side by side
| IOT (Samsara Inc.) | MDB (MongoDB, Inc.) | |
|---|---|---|
| 1-year return | +17.4% | +49.0% |
| 5-year return | +69.5% | +11.2% |
| Volatility (ann.) | 59.7% | 63.4% |
| Beta vs S&P 500 | 1.74 | 1.93 |
| Max drawdown (3Y) | -60.2% | -70.9% |
| Market cap | – | $35.4B |
| P/E (trailing) | 418.7 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | IOT | MDB |
|---|---|---|
| 2022 | -55.8% | -62.8% |
| 2023 | +168.5% | +107.7% |
| 2024 | +30.9% | -43.1% |
| 2025 | -18.9% | +80.3% |
| 2026 | +18.1% | +5.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are IOT and MDB good diversifiers for each other?
Only partially. A correlation of 0.53 means IOT and MDB share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between IOT and MDB?
Using weekly returns as of 2026-08-27: 0.53 over 3 years, with 0.46 over the last year and 0.59 over 5 years.
Is MDB a good diversifier for IOT?
Only partially. A correlation of 0.53 means IOT and MDB share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.53 mean?
A reading of 0.53 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/iot-vs-mdb.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/iot-vs-mdb/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: IOT correlations · MDB correlations
