MNST vs NYT: Correlation
How closely do Monster Beverage (MNST) and New York Times Company (The) (NYT) trade together? Their weekly returns over three years give a correlation of -0.28, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MNST and NYT?
Over the past 3 years, MNST and NYT moved with a correlation of -0.28, which is negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.51) runs below the 3-year figure (-0.28). Over 5 years the correlation is -0.16, and the annualized covariance of weekly returns is -475.0 %².
Within MNST's tracked universe of 66 assets, NYT comes in at #38 by 3-year correlation. Correlation aside, the last 12 months split them widely, with NYT ahead by 39.5 points (-24.3% versus +15.2%). One caveat on sizing: MNST is 2.8 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.
MNST vs NYT: side by side
| MNST (Monster Beverage) | NYT (New York Times Company (The)) | |
|---|---|---|
| 1-year return | -24.3% | +15.2% |
| 5-year return | -4.5% | +42.2% |
| Volatility (ann.) | 68.6% | 24.5% |
| Beta vs S&P 500 | 0.80 | 0.35 |
| Max drawdown (3Y) | -54.5% | -25.8% |
| Market cap | $91.5B | $11.0B |
| P/E (trailing) | 43.2 | 28.4 |
| Dividend yield | 0.00% | 1.20% |
| Sector / category | Consumer Staples | US Listed |
Year-by-year returns
| Year | MNST | NYT |
|---|---|---|
| 2022 | +5.7% | -32.2% |
| 2023 | +13.5% | +52.6% |
| 2024 | -8.8% | +7.3% |
| 2025 | +45.9% | +35.1% |
| 2026 | -39.1% | -1.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MNST and NYT good diversifiers for each other?
By historical standards, yes. A correlation of -0.28 means the two rarely move for the same reasons.
FAQ
What is the correlation between MNST and NYT?
As of 2026-08-27, the correlation of weekly returns between MNST and NYT is -0.28 over 3 years, -0.51 over 1 year and -0.16 over 5 years.
Is NYT a good diversifier for MNST?
By historical standards, yes. A correlation of -0.28 means the two rarely move for the same reasons.
What does a correlation of -0.28 mean?
On the −1 to +1 scale, -0.28 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/mnst-vs-nyt.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/mnst-vs-nyt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: MNST correlations · NYT correlations
