PETZ vs SNGX: Correlation
TDH Holdings, Inc. (PETZ) and Soligenix, Inc. (SNGX) 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 PETZ and SNGX?
Across a 3-year window, the weekly returns of PETZ and SNGX correlate at 0.36, moderate. The link has loosened recently: the 1-year correlation (0.13) runs below the 3-year figure (0.36). Stretching to 5 years gives 0.17, with an annualized covariance of 4390.2 %².
Few assets follow PETZ as closely as SNGX, which ranks #3 of 11 tracked partners. The last year tells two different stories: PETZ led by 114.7 percentage points, +27.4% for PETZ against -87.3% for SNGX. Note the risk asymmetry: SNGX runs 3.5 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.
PETZ vs SNGX: side by side
| PETZ (TDH Holdings, Inc.) | SNGX (Soligenix, Inc.) | |
|---|---|---|
| 1-year return | +27.4% | -87.3% |
| 5-year return | -97.2% | -99.8% |
| Volatility (ann.) | 58.5% | 205.9% |
| Beta vs S&P 500 | 0.40 | 0.50 |
| Max drawdown (3Y) | -51.2% | -98.2% |
| Market cap | – | – |
| P/E (trailing) | 6.9 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | PETZ | SNGX |
|---|---|---|
| 2022 | -98.0% | -31.8% |
| 2023 | -25.8% | -88.7% |
| 2024 | +8.7% | -77.8% |
| 2025 | -27.2% | -50.4% |
| 2026 | +37.4% | -71.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PETZ and SNGX good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.36 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between PETZ and SNGX?
The PETZ/SNGX correlation stands at 0.36 on a 3-year window (1 year: 0.13, 5 years: 0.17), computed from weekly returns as of 2026-08-27.
Is SNGX a good diversifier for PETZ?
Yes, to a useful degree: a correlation of 0.36 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.36 mean?
A reading of 0.36 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/petz-vs-sngx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/petz-vs-sngx/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: PETZ correlations · SNGX correlations
