MDBH vs SONM: Correlation
Measured on weekly returns over the past three years, MDB Capital Holdings, LLC - Class A common (MDBH) and DNA X, Inc. (SONM) carry a correlation of -0.18, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MDBH and SONM?
On 3 years of weekly data the MDBH/SONM correlation comes out at -0.18, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.11 over 1 year against -0.18 over 3. The 5-year figure is n/a, and annualized covariance runs at -1242.6 %².
SONM is close to the least connected end of MDBH's tracked universe, ranking #10 of 10. Their recent paths diverged sharply: over the last 12 months MDBH outperformed by 53.3 percentage points (-15.9% for MDBH against -69.2% for SONM). Risk is not evenly split, since SONM carries 1.7 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.
MDBH vs SONM: side by side
| MDBH (MDB Capital Holdings, LLC - Class A common) | SONM (DNA X, Inc.) | |
|---|---|---|
| 1-year return | -15.9% | -69.2% |
| 5-year return | n/a | -99.6% |
| Volatility (ann.) | 63.1% | 106.4% |
| Beta vs S&P 500 | 0.25 | 0.06 |
| Max drawdown (3Y) | -78.6% | -98.5% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MDBH | SONM |
|---|---|---|
| 2022 | – | -53.9% |
| 2023 | – | +72.9% |
| 2024 | -45.4% | -57.1% |
| 2025 | -48.5% | -94.5% |
| 2026 | -10.6% | +3.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MDBH and SONM good diversifiers for each other?
By historical standards, yes. A correlation of -0.18 means the two rarely move for the same reasons.
FAQ
What is the correlation between MDBH and SONM?
As of 2026-08-27, the correlation of weekly returns between MDBH and SONM is -0.18 over 3 years, -0.11 over 1 year and n/a over 5 years.
Is SONM a good diversifier for MDBH?
By historical standards, yes. A correlation of -0.18 means the two rarely move for the same reasons.
What does a correlation of -0.18 mean?
A reading of -0.18 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/mdbh-vs-sonm.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/mdbh-vs-sonm/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: MDBH correlations · SONM correlations
