AEE vs DCX: Correlation
Ameren (AEE) and Digital Currency X Technology Inc. - Class A (DCX) show a negative relationship: their 3-year correlation of weekly returns is -0.22.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AEE and DCX?
Across a 3-year window, the weekly returns of AEE and DCX correlate at -0.22, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.35 versus -0.22 over 3 years. Stretching to 5 years gives -0.14, with an annualized covariance of -636.3 %².
DCX is close to the least connected end of AEE's tracked universe, ranking #31 of 35. Their recent paths diverged sharply: over the last 12 months AEE outperformed by 108.8 percentage points (+8.8% for AEE against -100.0% for DCX). Risk is not evenly split, since DCX carries 9.3 times the volatility of the other side.
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.
AEE vs DCX: side by side
| AEE (Ameren) | DCX (Digital Currency X Technology Inc. - Class A) | |
|---|---|---|
| 1-year return | +8.8% | -100.0% |
| 5-year return | +39.7% | -100.0% |
| Volatility (ann.) | 17.8% | 165.4% |
| Beta vs S&P 500 | 0.10 | 2.11 |
| Max drawdown (3Y) | -16.5% | -100.0% |
| Market cap | $29.6B | $0.3B |
| P/E (trailing) | 19.0 | 0.0 |
| Dividend yield | 2.71% | 0.00% |
| Sector / category | Utilities | US Listed |
Year-by-year returns
| Year | AEE | DCX |
|---|---|---|
| 2022 | +2.5% | – |
| 2023 | -16.1% | -93.3% |
| 2024 | +27.5% | -89.0% |
| 2025 | +15.3% | -99.8% |
| 2026 | +8.4% | -83.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AEE and DCX good diversifiers for each other?
Yes: at -0.22, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between AEE and DCX?
As of 2026-08-27, the correlation of weekly returns between AEE and DCX is -0.22 over 3 years, -0.35 over 1 year and -0.14 over 5 years.
Is DCX a good diversifier for AEE?
Yes: at -0.22, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.22 mean?
On the −1 to +1 scale, -0.22 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.
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Related comparisons
Hubs: AEE correlations · DCX correlations