SOFI vs TOST: Correlation
SoFi Technologies, Inc. (SOFI) and Toast, Inc. (TOST) show a moderate relationship: their 3-year correlation of weekly returns is 0.56.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SOFI and TOST?
On 3 years of weekly data the SOFI/TOST correlation comes out at 0.56, moderate. Recent behaviour matches the longer record: 0.54 over 1 year against 0.56 over 3. The 5-year figure is 0.49, and annualized covariance runs at 1471.7 %².
By 3-year correlation, TOST places #9 of the 18 assets tracked against SOFI. Twelve-month performance is nearly a tie, at -23.2% for SOFI and -19.8% for TOST.
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 TOST: side by side
| SOFI (SoFi Technologies, Inc.) | TOST (Toast, Inc.) | |
|---|---|---|
| 1-year return | -23.2% | -19.8% |
| 5-year return | +35.2% | -43.7% |
| Volatility (ann.) | 56.2% | 47.1% |
| Beta vs S&P 500 | 2.40 | 1.36 |
| Max drawdown (3Y) | -53.0% | -54.7% |
| Market cap | $24.8B | $20.3B |
| P/E (trailing) | 38.4 | 46.9 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | SOFI | TOST |
|---|---|---|
| 2022 | -70.8% | -48.1% |
| 2023 | +115.8% | +1.3% |
| 2024 | +54.8% | +99.6% |
| 2025 | +70.0% | -2.6% |
| 2026 | -26.7% | -1.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SOFI and TOST good diversifiers for each other?
Only partially. A correlation of 0.56 means SOFI and TOST share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between SOFI and TOST?
The SOFI/TOST correlation stands at 0.56 on a 3-year window (1 year: 0.54, 5 years: 0.49), computed from weekly returns as of 2026-08-27.
Is TOST a good diversifier for SOFI?
Only partially. A correlation of 0.56 means SOFI and TOST share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.56 mean?
On the −1 to +1 scale, 0.56 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
$ curl https://www.pairbook.io/api/v1/pairs/sofi-vs-tost.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/sofi-vs-tost/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: SOFI correlations · TOST correlations
