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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

Correlation (3Y)
-0.22
negative
Correlation (1Y)
-0.35
last 12 months
Correlation (5Y)
-0.14
long-run
Ann. covariance
-636.3
%² · weekly, annualized

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 5000.102.11
Max drawdown (3Y)-16.5%-100.0%
Market cap$29.6B$0.3B
P/E (trailing)19.00.0
Dividend yield2.71%0.00%
Sector / categoryUtilitiesUS Listed
Lower P/E: DCX 0.0 vs 19.0Higher yield: AEE 2.71% vs 0.00%Smaller drawdown: AEE -16.5% vs -100.0%Higher 5y return: AEE +39.7% vs -100.0%
-100%0%+86%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. AEE · DCX

Year-by-year returns

YearAEEDCX
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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AEE vs DCX: 3-year weekly correlation -0.22AEE vs DCX-0.22

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Hubs: AEE correlations · DCX correlations