RKDA vs STRW: Correlation
Arcadia Biosciences, Inc. (RKDA) and Strawberry Fields REIT, Inc. (STRW) show a negative relationship: their 3-year correlation of weekly returns is -0.21.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RKDA and STRW?
Over the past 3 years, RKDA and STRW moved with a correlation of -0.21, which is negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (0.15) runs above the 3-year figure (-0.21). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -677.3 %².
Out of 13 assets tracked against RKDA, STRW lands near the bottom at #12. The last year tells two different stories: STRW led by 109.0 percentage points, -86.6% for RKDA against +22.4% for STRW. One caveat on sizing: RKDA is 3.1 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
RKDA vs STRW: side by side
| RKDA (Arcadia Biosciences, Inc.) | STRW (Strawberry Fields REIT, Inc.) | |
|---|---|---|
| 1-year return | -86.6% | +22.4% |
| 5-year return | -99.5% | n/a |
| Volatility (ann.) | 100.4% | 32.1% |
| Beta vs S&P 500 | 1.40 | 0.19 |
| Max drawdown (3Y) | -93.4% | -26.6% |
| Market cap | – | $0.8B |
| P/E (trailing) | – | 21.1 |
| Dividend yield | 0.00% | 2.33% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | RKDA | STRW |
|---|---|---|
| 2022 | -73.9% | – |
| 2023 | -71.1% | – |
| 2024 | +89.1% | +43.9% |
| 2025 | -66.6% | +30.5% |
| 2026 | -74.1% | +8.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RKDA and STRW good diversifiers for each other?
Yes: at -0.21, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between RKDA and STRW?
The RKDA/STRW correlation stands at -0.21 on a 3-year window (1 year: 0.15, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is STRW a good diversifier for RKDA?
Yes: at -0.21, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.21 mean?
On the −1 to +1 scale, -0.21 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.
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Related comparisons
Hubs: RKDA correlations · STRW correlations
