PASG vs SONM: Correlation
How closely do Passage Bio, Inc. (PASG) and DNA X, Inc. (SONM) trade together? Their weekly returns over three years give a correlation of -0.17, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PASG and SONM?
On 3 years of weekly data the PASG/SONM correlation comes out at -0.17, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.31) runs below the 3-year figure (-0.17). The 5-year figure is -0.07, and annualized covariance runs at -2340.6 %².
SONM is close to the least connected end of PASG's tracked universe, ranking #12 of 14. Correlation aside, the last 12 months split them widely, with PASG ahead by 30.7 points (-38.5% versus -69.2%).
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.
PASG vs SONM: side by side
| PASG (Passage Bio, Inc.) | SONM (DNA X, Inc.) | |
|---|---|---|
| 1-year return | -38.5% | -69.2% |
| 5-year return | -98.1% | -99.6% |
| Volatility (ann.) | 128.4% | 106.4% |
| Beta vs S&P 500 | 2.11 | 0.06 |
| Max drawdown (3Y) | -88.2% | -98.5% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | PASG | SONM |
|---|---|---|
| 2022 | -78.3% | -53.9% |
| 2023 | -26.8% | +72.9% |
| 2024 | -43.9% | -57.1% |
| 2025 | +4.1% | -94.5% |
| 2026 | -63.3% | +3.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PASG and SONM good diversifiers for each other?
Yes: at -0.17, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between PASG and SONM?
The PASG/SONM correlation stands at -0.17 on a 3-year window (1 year: -0.31, 5 years: -0.07), computed from weekly returns as of 2026-08-27.
Is SONM a good diversifier for PASG?
Yes: at -0.17, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.17 mean?
On the −1 to +1 scale, -0.17 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/pasg-vs-sonm.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/pasg-vs-sonm/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: PASG correlations · SONM correlations
