ONCO vs SOWG: Correlation
Onconetix, Inc. (ONCO) and Sow Good Inc. (SOWG) show a moderate relationship: their 3-year correlation of weekly returns is 0.36.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ONCO and SOWG?
On 3 years of weekly data the ONCO/SOWG correlation comes out at 0.36, moderate. The past 12 months show a weaker link (0.25) than the 3-year average (0.36). The 5-year figure is 0.29, and annualized covariance runs at 8543.8 %².
Within ONCO's tracked universe of 10 assets, SOWG comes in at #4 by 3-year correlation. The last year tells two different stories: SOWG led by 29.1 percentage points, -99.6% for ONCO against -70.5% for SOWG.
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.
ONCO vs SOWG: side by side
| ONCO (Onconetix, Inc.) | SOWG (Sow Good Inc.) | |
|---|---|---|
| 1-year return | -99.6% | -70.5% |
| 5-year return | -100.0% | -96.6% |
| Volatility (ann.) | 145.0% | 164.0% |
| Beta vs S&P 500 | 1.80 | 1.93 |
| Max drawdown (3Y) | -100.0% | -99.7% |
| Market cap | – | $0.1B |
| P/E (trailing) | 0.0 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ONCO | SOWG |
|---|---|---|
| 2022 | – | +11.1% |
| 2023 | -82.0% | +302.0% |
| 2024 | -92.0% | -79.7% |
| 2025 | -97.1% | -83.3% |
| 2026 | -99.2% | -40.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ONCO and SOWG good diversifiers for each other?
A fair diversifier. At 0.36, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between ONCO and SOWG?
Using weekly returns as of 2026-08-27: 0.36 over 3 years, with 0.25 over the last year and 0.29 over 5 years.
Is SOWG a good diversifier for ONCO?
A fair diversifier. At 0.36, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.36 mean?
On the −1 to +1 scale, 0.36 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/onco-vs-sowg.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/onco-vs-sowg/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ONCO correlations · SOWG correlations
