MNST vs NRDY: Correlation
How closely do Monster Beverage (MNST) and Nerdy Inc. (NRDY) trade together? Their weekly returns over three years give a correlation of -0.61, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MNST and NRDY?
Across a 3-year window, the weekly returns of MNST and NRDY correlate at -0.61, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.66) sits close to the 3-year figure. Stretching to 5 years gives -0.59, with an annualized covariance of -46211.5 %².
Among the 66 assets we track against MNST, NRDY sits near the bottom by co-movement, at rank #63. Their recent paths diverged sharply: over the last 12 months NRDY outperformed by 685.3 percentage points (-24.3% for MNST against +661.0% for NRDY). Risk is not evenly split, since NRDY carries 16.0 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.
MNST vs NRDY: side by side
| MNST (Monster Beverage) | NRDY (Nerdy Inc.) | |
|---|---|---|
| 1-year return | -24.3% | +661.0% |
| 5-year return | -4.5% | +3.8% |
| Volatility (ann.) | 68.6% | 1097.1% |
| Beta vs S&P 500 | 0.80 | 2.74 |
| Max drawdown (3Y) | -54.5% | -94.2% |
| Market cap | $91.5B | $0.7B |
| P/E (trailing) | 43.2 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Consumer Staples | US Listed |
Year-by-year returns
| Year | MNST | NRDY |
|---|---|---|
| 2022 | +5.7% | -50.0% |
| 2023 | +13.5% | +52.4% |
| 2024 | -8.8% | -52.8% |
| 2025 | +45.9% | -35.8% |
| 2026 | -39.1% | +895.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MNST and NRDY good diversifiers for each other?
Yes. With a correlation of -0.61, MNST and NRDY have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between MNST and NRDY?
The MNST/NRDY correlation stands at -0.61 on a 3-year window (1 year: -0.66, 5 years: -0.59), computed from weekly returns as of 2026-08-27.
Is NRDY a good diversifier for MNST?
Yes. With a correlation of -0.61, MNST and NRDY have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.61 mean?
A reading of -0.61 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/mnst-vs-nrdy.json
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[](https://www.pairbook.io/pair/mnst-vs-nrdy/)
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Related comparisons
Hubs: MNST correlations · NRDY correlations
