META vs RDDT: Correlation
Measured on weekly returns over the past three years, Meta Platforms (META) and Reddit (RDDT) carry a correlation of 0.48, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are META and RDDT?
Over the past 3 years, META and RDDT moved with a correlation of 0.48, which is moderate. Recent behaviour matches the longer record: 0.53 over 1 year against 0.48 over 3. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 1363.3 %².
Among the 33 assets we track against META, RDDT ranks #16 by 3-year correlation. Their 12-month results are close: -23.3% for META against -27.1% for RDDT. The rolling one-year correlation moved between 0.33 and 0.68 over the past three years, a moderate range. Risk is not evenly split, since RDDT carries 2.0 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.
META vs RDDT: side by side
| META (Meta Platforms) | RDDT (Reddit) | |
|---|---|---|
| 1-year return | -23.3% | -27.1% |
| 5-year return | +51.3% | n/a |
| Volatility (ann.) | 36.9% | 75.2% |
| Beta vs S&P 500 | 1.45 | 2.59 |
| Max drawdown (3Y) | -34.2% | -61.4% |
| Market cap | $1,454.9B | $29.6B |
| P/E (trailing) | 21.7 | 36.1 |
| Dividend yield | 0.36% | 0.00% |
| Sector / category | Communication Services | Communication Services |
Year-by-year returns
| Year | META | RDDT |
|---|---|---|
| 2022 | -64.2% | – |
| 2023 | +194.1% | – |
| 2024 | +66.0% | – |
| 2025 | +13.1% | +40.6% |
| 2026 | -13.3% | -33.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are META and RDDT good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.48 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between META and RDDT?
As of 2026-08-27, the correlation of weekly returns between META and RDDT is 0.48 over 3 years, 0.53 over 1 year and n/a over 5 years.
Is RDDT a good diversifier for META?
Yes, to a useful degree: a correlation of 0.48 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.48 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/meta-vs-rddt.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/meta-vs-rddt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: META correlations · RDDT correlations
