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SDST vs TRON: Correlation

How closely do Stardust Power Inc. (SDST) and Tron Inc. (TRON) trade together? Their weekly returns over three years give a correlation of -0.26, which is negative.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
-0.26
negative
Correlation (1Y)
0.07
last 12 months
Correlation (5Y)
n/a
long-run
Ann. covariance
-13577.8
%² · weekly, annualized

How correlated are SDST and TRON?

Across a 3-year window, the weekly returns of SDST and TRON correlate at -0.26, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (0.07) runs above the 3-year figure (-0.26). Stretching to 5 years gives n/a, with an annualized covariance of -13577.8 %².

TRON is close to the least connected end of SDST's tracked universe, ranking #8 of 10. Correlation aside, the last 12 months split them widely, with TRON ahead by 33.9 points (-90.7% versus -56.8%). Note the risk asymmetry: TRON runs 3.1 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.

SDST vs TRON: side by side

SDST (Stardust Power Inc.)TRON (Tron Inc.)
1-year return-90.7%-56.8%
5-year return-99.6%n/a
Volatility (ann.)130.1%408.5%
Beta vs S&P 5001.230.10
Max drawdown (3Y)-99.8%-91.5%
Market cap$1.0B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: TRON -91.5% vs -99.8%
-88%0%+76%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. SDST · TRON

Year-by-year returns

YearSDSTTRON
2022+4.1%
2023+9.5%
2024-67.7%-59.4%
2025-91.5%+97.1%
2026-87.9%+72.6%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are SDST and TRON good diversifiers for each other?

By historical standards, yes. A correlation of -0.26 means the two rarely move for the same reasons.

FAQ

What is the correlation between SDST and TRON?

As of 2026-08-27, the correlation of weekly returns between SDST and TRON is -0.26 over 3 years, 0.07 over 1 year and n/a over 5 years.

Is TRON a good diversifier for SDST?

By historical standards, yes. A correlation of -0.26 means the two rarely move for the same reasons.

What does a correlation of -0.26 mean?

On the −1 to +1 scale, -0.26 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/sdst-vs-tron.json

SDST vs TRON: 3-year weekly correlation -0.26SDST vs TRON-0.26

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Related comparisons

Hubs: SDST correlations · TRON correlations