QCOM vs SDOT: Correlation
Measured on weekly returns over the past three years, Qualcomm (QCOM) and Sadot Group Inc. (SDOT) carry a correlation of -0.24, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QCOM and SDOT?
Over the past 3 years, QCOM and SDOT moved with a correlation of -0.24, which is negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.36) than the 3-year average (-0.24). Over 5 years the correlation is -0.17, and the annualized covariance of weekly returns is -2536.2 %².
Within QCOM's tracked universe of 41 assets, SDOT comes in at #34 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months QCOM outperformed by 96.7 percentage points (+5.3% for QCOM against -91.4% for SDOT). Note the risk asymmetry: SDOT runs 5.9 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.
QCOM vs SDOT: side by side
| QCOM (Qualcomm) | SDOT (Sadot Group Inc.) | |
|---|---|---|
| 1-year return | +5.3% | -91.4% |
| 5-year return | +25.8% | -99.3% |
| Volatility (ann.) | 42.4% | 250.1% |
| Beta vs S&P 500 | 1.77 | -0.18 |
| Max drawdown (3Y) | -44.2% | -99.9% |
| Market cap | $176.0B | – |
| P/E (trailing) | 18.9 | – |
| Dividend yield | 2.19% | 0.00% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | QCOM | SDOT |
|---|---|---|
| 2022 | -38.6% | +26.4% |
| 2023 | +35.1% | -55.9% |
| 2024 | +8.3% | -5.5% |
| 2025 | +13.8% | -96.8% |
| 2026 | -2.7% | -33.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QCOM and SDOT good diversifiers for each other?
Yes. With a correlation of -0.24, QCOM and SDOT have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between QCOM and SDOT?
Using weekly returns as of 2026-08-27: -0.24 over 3 years, with -0.36 over the last year and -0.17 over 5 years.
Is SDOT a good diversifier for QCOM?
Yes. With a correlation of -0.24, QCOM and SDOT have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.24 mean?
On the −1 to +1 scale, -0.24 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/qcom-vs-sdot.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/qcom-vs-sdot/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: QCOM correlations · SDOT correlations
