AGD vs DXR: Correlation
abrdn Global Dynamic Dividend Fund (AGD) and Daxor Corporation - Closed End Fund (DXR) show a moderate relationship: their 3-year correlation of weekly returns is 0.31.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AGD and DXR?
On 3 years of weekly data the AGD/DXR correlation comes out at 0.31, moderate. The past 12 months show a tighter link (0.44) than the 3-year average (0.31). The 5-year figure is 0.20, and annualized covariance runs at 265.9 %².
By 3-year correlation, DXR places #10 of the 15 assets tracked against AGD. The last year tells two different stories: AGD led by 34.4 percentage points, +19.7% for AGD against -14.7% for DXR. Risk is not evenly split, since DXR carries 1.9 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.
AGD vs DXR: side by side
| AGD (abrdn Global Dynamic Dividend Fund) | DXR (Daxor Corporation - Closed End Fund) | |
|---|---|---|
| 1-year return | +19.7% | -14.7% |
| 5-year return | +65.7% | +1.8% |
| Volatility (ann.) | 21.4% | 39.6% |
| Beta vs S&P 500 | 0.88 | 0.48 |
| Max drawdown (3Y) | -20.3% | -39.9% |
| Market cap | – | $0.1B |
| P/E (trailing) | 4.2 | 6.1 |
| Dividend yield | 5.26% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AGD | DXR |
|---|---|---|
| 2022 | -15.3% | -18.9% |
| 2023 | +7.4% | +4.8% |
| 2024 | +16.4% | -19.9% |
| 2025 | +34.3% | +91.8% |
| 2026 | +16.5% | -34.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AGD and DXR good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.31 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between AGD and DXR?
Using weekly returns as of 2026-08-27: 0.31 over 3 years, with 0.44 over the last year and 0.20 over 5 years.
Is DXR a good diversifier for AGD?
Yes, to a useful degree: a correlation of 0.31 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.31 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
$ curl https://www.pairbook.io/api/v1/pairs/agd-vs-dxr.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/agd-vs-dxr/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AGD correlations · DXR correlations
