BCTX vs DLR: Correlation
BriaCell Therapeutics Corp. (BCTX) and Digital Realty (DLR) show a negative relationship: their 3-year correlation of weekly returns is -0.18.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BCTX and DLR?
On 3 years of weekly data the BCTX/DLR correlation comes out at -0.18, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.22 versus -0.18 over 3 years. The 5-year figure is -0.12, and annualized covariance runs at -3219.5 %².
Among the 31 assets we track against BCTX, DLR ranks #13 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months DLR outperformed by 67.6 percentage points (-51.2% for BCTX against +16.4% for DLR). Risk is not evenly split, since BCTX carries 25.0 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.
BCTX vs DLR: side by side
| BCTX (BriaCell Therapeutics Corp.) | DLR (Digital Realty) | |
|---|---|---|
| 1-year return | -51.2% | +16.4% |
| 5-year return | -94.5% | +40.3% |
| Volatility (ann.) | 676.8% | 27.1% |
| Beta vs S&P 500 | -1.17 | 0.73 |
| Max drawdown (3Y) | -96.3% | -29.4% |
| Market cap | – | $72.5B |
| P/E (trailing) | – | 94.2 |
| Dividend yield | 0.00% | 2.52% |
| Sector / category | US Listed | Real Estate |
Year-by-year returns
| Year | BCTX | DLR |
|---|---|---|
| 2022 | -47.2% | -41.0% |
| 2023 | +33.9% | +39.9% |
| 2024 | -90.4% | +35.9% |
| 2025 | +27.0% | -10.1% |
| 2026 | -47.8% | +25.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BCTX and DLR good diversifiers for each other?
Yes: at -0.18, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between BCTX and DLR?
The BCTX/DLR correlation stands at -0.18 on a 3-year window (1 year: 0.22, 5 years: -0.12), computed from weekly returns as of 2026-08-27.
Is DLR a good diversifier for BCTX?
Yes: at -0.18, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.18 mean?
On the −1 to +1 scale, -0.18 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
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Related comparisons
Hubs: BCTX correlations · DLR correlations
