AGG vs DFDV: Correlation
Measured on weekly returns over the past three years, iShares Core US Aggregate Bond ETF (AGG) and DeFi Development Corp. (DFDV) carry a correlation of -0.27, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AGG and DFDV?
Across a 3-year window, the weekly returns of AGG and DFDV correlate at -0.27, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (0.12) than the 3-year average (-0.27). Stretching to 5 years gives n/a, with an annualized covariance of -1008.2 %².
Out of 34 assets tracked against AGG, DFDV lands near the bottom at #31. The last year tells two different stories: AGG led by 67.7 percentage points, +2.3% for AGG against -65.4% for DFDV. Risk is not evenly split, since DFDV carries 130.8 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.
AGG vs DFDV: side by side
| AGG (iShares Core US Aggregate Bond ETF) | DFDV (DeFi Development Corp.) | |
|---|---|---|
| 1-year return | +2.3% | -65.4% |
| 5-year return | -1.1% | n/a |
| Volatility (ann.) | 5.3% | 693.3% |
| Beta vs S&P 500 | 0.07 | 12.24 |
| Max drawdown (3Y) | -4.8% | -94.2% |
| Market cap | – | $0.2B |
| P/E (trailing) | – | – |
| Dividend yield | 4.05% | 0.00% |
| Expense ratio | 0.03% | – |
| Assets under management | $137.1B | – |
| Sector / category | ETF · Bonds | US Listed |
AGG is an Intermediate Core Bond fund from iShares: $137.1B under management, a 0.03% expense ratio, a 4.05% trailing dividend yield.
Year-by-year returns
| Year | AGG | DFDV |
|---|---|---|
| 2022 | -13.0% | – |
| 2023 | +5.7% | – |
| 2024 | +1.3% | -41.1% |
| 2025 | +7.2% | +628.1% |
| 2026 | +0.3% | +4.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AGG and DFDV good diversifiers for each other?
By historical standards, yes. A correlation of -0.27 means the two rarely move for the same reasons.
FAQ
What is the correlation between AGG and DFDV?
Using weekly returns as of 2026-08-27: -0.27 over 3 years, with 0.12 over the last year and n/a over 5 years.
Is DFDV a good diversifier for AGG?
By historical standards, yes. A correlation of -0.27 means the two rarely move for the same reasons.
What does a correlation of -0.27 mean?
A reading of -0.27 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/agg-vs-dfdv.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/agg-vs-dfdv/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: AGG correlations · DFDV correlations
