IPDN vs MDB: Correlation
Measured on weekly returns over the past three years, Professional Diversity Network, Inc. (IPDN) and MongoDB, Inc. (MDB) carry a correlation of 0.35, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are IPDN and MDB?
Across a 3-year window, the weekly returns of IPDN and MDB correlate at 0.35, moderate. The link has loosened recently: the 1-year correlation (0.04) runs below the 3-year figure (0.35). Stretching to 5 years gives 0.23, with an annualized covariance of 4321.4 %².
By 3-year correlation, MDB places #4 of the 13 assets tracked against IPDN. Correlation aside, the last 12 months split them widely, with MDB ahead by 142.5 points (-93.5% versus +49.0%). One caveat on sizing: IPDN 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.
IPDN vs MDB: side by side
| IPDN (Professional Diversity Network, Inc.) | MDB (MongoDB, Inc.) | |
|---|---|---|
| 1-year return | -93.5% | +49.0% |
| 5-year return | -99.5% | +11.2% |
| Volatility (ann.) | 192.4% | 63.4% |
| Beta vs S&P 500 | 1.06 | 1.93 |
| Max drawdown (3Y) | -99.6% | -70.9% |
| Market cap | – | $35.4B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | IPDN | MDB |
|---|---|---|
| 2022 | +5.1% | -62.8% |
| 2023 | -1.5% | +107.7% |
| 2024 | -75.4% | -43.1% |
| 2025 | -77.2% | +80.3% |
| 2026 | -89.0% | +5.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are IPDN and MDB good diversifiers for each other?
A fair diversifier. At 0.35, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between IPDN and MDB?
Using weekly returns as of 2026-08-27: 0.35 over 3 years, with 0.04 over the last year and 0.23 over 5 years.
Is MDB a good diversifier for IPDN?
A fair diversifier. At 0.35, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.35 mean?
A reading of 0.35 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/ipdn-vs-mdb.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ipdn-vs-mdb/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: IPDN correlations · MDB correlations
