NNE vs SONM: Correlation
Measured on weekly returns over the past three years, Nano Nuclear Energy Inc. (NNE) and DNA X, Inc. (SONM) carry a correlation of 0.27, a weak link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are NNE and SONM?
On 3 years of weekly data the NNE/SONM correlation comes out at 0.27, weak. Recent behaviour matches the longer record: 0.29 over 1 year against 0.27 over 3. The 5-year figure is n/a, and annualized covariance runs at 4848.4 %².
SONM is close to the least connected end of NNE's tracked universe, ranking #14 of 18. Their recent paths diverged sharply: over the last 12 months NNE outperformed by 27.7 percentage points (-41.5% for NNE against -69.2% for SONM).
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.
NNE vs SONM: side by side
| NNE (Nano Nuclear Energy Inc.) | SONM (DNA X, Inc.) | |
|---|---|---|
| 1-year return | -41.5% | -69.2% |
| 5-year return | n/a | -99.6% |
| Volatility (ann.) | 155.1% | 106.4% |
| Beta vs S&P 500 | 4.18 | 0.06 |
| Max drawdown (3Y) | -77.7% | -98.5% |
| Market cap | $1.0B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | NNE | SONM |
|---|---|---|
| 2022 | – | -53.9% |
| 2023 | – | +72.9% |
| 2024 | – | -57.1% |
| 2025 | -3.6% | -94.5% |
| 2026 | -19.9% | +3.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are NNE and SONM good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.27 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between NNE and SONM?
As of 2026-08-27, the correlation of weekly returns between NNE and SONM is 0.27 over 3 years, 0.29 over 1 year and n/a over 5 years.
Is SONM a good diversifier for NNE?
Yes, to a useful degree: a correlation of 0.27 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.27 mean?
On the −1 to +1 scale, 0.27 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/nne-vs-sonm.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/nne-vs-sonm/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: NNE correlations · SONM correlations
