SOFI vs STKE: Correlation
Measured on weekly returns over the past three years, SoFi Technologies, Inc. (SOFI) and Sol Strategies Inc. (STKE) carry a correlation of 0.37, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SOFI and STKE?
Across a 3-year window, the weekly returns of SOFI and STKE correlate at 0.37, moderate. The relationship has been stable: the 1-year correlation (0.34) sits close to the 3-year figure. Stretching to 5 years gives 0.20, with an annualized covariance of 3880.1 %².
Among the 18 assets we track against SOFI, STKE sits near the bottom by co-movement, at rank #15. The last year tells two different stories: SOFI led by 58.8 percentage points, -23.2% for SOFI against -82.0% for STKE. Note the risk asymmetry: STKE runs 3.3 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.
SOFI vs STKE: side by side
| SOFI (SoFi Technologies, Inc.) | STKE (Sol Strategies Inc.) | |
|---|---|---|
| 1-year return | -23.2% | -82.0% |
| 5-year return | +35.2% | +19.6% |
| Volatility (ann.) | 56.2% | 187.9% |
| Beta vs S&P 500 | 2.40 | 3.39 |
| Max drawdown (3Y) | -53.0% | -97.4% |
| Market cap | $24.8B | $0.1B |
| P/E (trailing) | 38.4 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | SOFI | STKE |
|---|---|---|
| 2022 | -70.8% | -63.5% |
| 2023 | +115.8% | +62.0% |
| 2024 | +54.8% | +2467.9% |
| 2025 | +70.0% | -90.8% |
| 2026 | -26.7% | -12.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SOFI and STKE good diversifiers for each other?
A fair diversifier. At 0.37, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between SOFI and STKE?
As of 2026-08-27, the correlation of weekly returns between SOFI and STKE is 0.37 over 3 years, 0.34 over 1 year and 0.20 over 5 years.
Is STKE a good diversifier for SOFI?
A fair diversifier. At 0.37, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.37 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.
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Related comparisons
Hubs: SOFI correlations · STKE correlations
