SLNH vs TIPT: Correlation
Soluna Holdings, Inc. (SLNH) and Tiptree Inc. (TIPT) show a negative relationship: their 3-year correlation of weekly returns is -0.28.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SLNH and TIPT?
Over the past 3 years, SLNH and TIPT moved with a correlation of -0.28, which is negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.50) than the 3-year average (-0.28). Over 5 years the correlation is -0.08, and the annualized covariance of weekly returns is -1662.4 %².
Among the 13 assets we track against SLNH, TIPT sits near the bottom by co-movement, at rank #13. The last year tells two different stories: SLNH led by 169.2 percentage points, +147.9% for SLNH against -21.3% for TIPT. One caveat on sizing: SLNH is 5.4 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.
SLNH vs TIPT: side by side
| SLNH (Soluna Holdings, Inc.) | TIPT (Tiptree Inc.) | |
|---|---|---|
| 1-year return | +147.9% | -21.3% |
| 5-year return | -99.5% | +95.1% |
| Volatility (ann.) | 179.3% | 33.5% |
| Beta vs S&P 500 | 3.25 | 0.71 |
| Max drawdown (3Y) | -94.8% | -37.9% |
| Market cap | $0.3B | $0.7B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 1.30% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | SLNH | TIPT |
|---|---|---|
| 2022 | -97.6% | +1.4% |
| 2023 | -38.5% | +38.8% |
| 2024 | -47.5% | +12.8% |
| 2025 | -44.3% | -11.4% |
| 2026 | +1.7% | +1.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SLNH and TIPT good diversifiers for each other?
Yes: at -0.28, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between SLNH and TIPT?
As of 2026-08-27, the correlation of weekly returns between SLNH and TIPT is -0.28 over 3 years, -0.50 over 1 year and -0.08 over 5 years.
Is TIPT a good diversifier for SLNH?
Yes: at -0.28, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.28 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
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Related comparisons
Hubs: SLNH correlations · TIPT correlations
