MKZR vs MNST: Correlation
Measured on weekly returns over the past three years, MacKenzie Realty Capital, Inc. (MKZR) and Monster Beverage (MNST) carry a correlation of 0.45, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MKZR and MNST?
On 3 years of weekly data the MKZR/MNST correlation comes out at 0.45, moderate. The past 12 months show a tighter link (0.70) than the 3-year average (0.45). The 5-year figure is n/a, and annualized covariance runs at 3262.1 %².
MNST is one of the assets that tracks MKZR most closely: it ranks #2 out of the 23 assets we track against MKZR. Correlation aside, the last 12 months split them widely, with MNST ahead by 51.4 points (-75.7% versus -24.3%).
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.
MKZR vs MNST: side by side
| MKZR (MacKenzie Realty Capital, Inc.) | MNST (Monster Beverage) | |
|---|---|---|
| 1-year return | -75.7% | -24.3% |
| 5-year return | n/a | -4.5% |
| Volatility (ann.) | 91.6% | 68.6% |
| Beta vs S&P 500 | 0.74 | 0.80 |
| Max drawdown (3Y) | -97.8% | -54.5% |
| Market cap | – | $91.5B |
| P/E (trailing) | – | 43.2 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | Consumer Staples |
Year-by-year returns
| Year | MKZR | MNST |
|---|---|---|
| 2022 | – | +5.7% |
| 2023 | – | +13.5% |
| 2024 | – | -8.8% |
| 2025 | -86.7% | +45.9% |
| 2026 | -63.1% | -39.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MKZR and MNST good diversifiers for each other?
A fair diversifier. At 0.45, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between MKZR and MNST?
As of 2026-08-27, the correlation of weekly returns between MKZR and MNST is 0.45 over 3 years, 0.70 over 1 year and n/a over 5 years.
Is MNST a good diversifier for MKZR?
A fair diversifier. At 0.45, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.45 mean?
A reading of 0.45 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/mkzr-vs-mnst.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/mkzr-vs-mnst/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: MKZR correlations · MNST correlations
