SDOT vs SOAR: Correlation
Measured on weekly returns over the past three years, Sadot Group Inc. (SDOT) and Volato Group, Inc. (SOAR) carry a correlation of 0.39, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SDOT and SOAR?
Across a 3-year window, the weekly returns of SDOT and SOAR correlate at 0.39, moderate. The link has tightened recently: the 1-year correlation (0.62) runs above the 3-year figure (0.39). Stretching to 5 years gives 0.38, with an annualized covariance of 13744.2 %².
Among the 17 assets we track against SDOT, SOAR ranks #6 by 3-year correlation. Neither side won the trailing year by much: -91.4% against -86.9%. One caveat on sizing: SDOT is 1.8 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.
SDOT vs SOAR: side by side
| SDOT (Sadot Group Inc.) | SOAR (Volato Group, Inc.) | |
|---|---|---|
| 1-year return | -91.4% | -86.9% |
| 5-year return | -99.3% | -99.9% |
| Volatility (ann.) | 250.1% | 140.6% |
| Beta vs S&P 500 | -0.18 | 1.26 |
| Max drawdown (3Y) | -99.9% | -100.0% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | SDOT | SOAR |
|---|---|---|
| 2022 | +26.4% | – |
| 2023 | -55.9% | -62.9% |
| 2024 | -5.5% | -93.5% |
| 2025 | -96.8% | -88.2% |
| 2026 | -33.0% | -68.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SDOT and SOAR good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.39 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between SDOT and SOAR?
The SDOT/SOAR correlation stands at 0.39 on a 3-year window (1 year: 0.62, 5 years: 0.38), computed from weekly returns as of 2026-08-27.
Is SOAR a good diversifier for SDOT?
Yes, to a useful degree: a correlation of 0.39 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.39 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/sdot-vs-soar.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/sdot-vs-soar/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: SDOT correlations · SOAR correlations
