MNST vs SXTC: Correlation
How closely do Monster Beverage (MNST) and China SXT Pharmaceuticals, Inc. - Class A (SXTC) trade together? Their weekly returns over three years give a correlation of -0.58, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MNST and SXTC?
On 3 years of weekly data the MNST/SXTC correlation comes out at -0.58, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.62 over 1 year against -0.58 over 3. The 5-year figure is -0.56, and annualized covariance runs at -277987.4 %².
Among the 66 assets we track against MNST, SXTC ranks #57 by 3-year correlation. Correlation aside, the last 12 months split them widely, with MNST ahead by 74.1 points (-24.3% versus -98.4%). Note the risk asymmetry: SXTC runs 101.6 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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 SXTC: side by side
| MNST (Monster Beverage) | SXTC (China SXT Pharmaceuticals, Inc. - Class A) | |
|---|---|---|
| 1-year return | -24.3% | -98.4% |
| 5-year return | -4.5% | -99.9% |
| Volatility (ann.) | 68.6% | 6970.7% |
| Beta vs S&P 500 | 0.80 | 6.97 |
| Max drawdown (3Y) | -54.5% | -100.0% |
| Market cap | $91.5B | – |
| P/E (trailing) | 43.2 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Consumer Staples | US Listed |
Year-by-year returns
| Year | MNST | SXTC |
|---|---|---|
| 2022 | +5.7% | -16.6% |
| 2023 | +13.5% | -70.7% |
| 2024 | -8.8% | -87.2% |
| 2025 | +45.9% | +215.0% |
| 2026 | -39.1% | -98.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MNST and SXTC good diversifiers for each other?
By historical standards, yes. A correlation of -0.58 means the two rarely move for the same reasons.
FAQ
What is the correlation between MNST and SXTC?
Using weekly returns as of 2026-08-27: -0.58 over 3 years, with -0.62 over the last year and -0.56 over 5 years.
Is SXTC a good diversifier for MNST?
By historical standards, yes. A correlation of -0.58 means the two rarely move for the same reasons.
What does a correlation of -0.58 mean?
A reading of -0.58 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-sxtc.json
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[](https://www.pairbook.io/pair/mnst-vs-sxtc/)
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Related comparisons
Hubs: MNST correlations · SXTC correlations
