BTCT vs ZETA: Correlation
Measured on weekly returns over the past three years, BTC Digital Ltd. (BTCT) and Zeta Global Holdings Corp. (ZETA) carry a correlation of -0.37, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BTCT and ZETA?
Over the past 3 years, BTCT and ZETA moved with a correlation of -0.37, which is negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (0.10) runs above the 3-year figure (-0.37). Over 5 years the correlation is -0.26, and the annualized covariance of weekly returns is -15351.8 %².
ZETA is close to the least connected end of BTCT's tracked universe, ranking #50 of 52. Correlation aside, the last 12 months split them widely, with ZETA ahead by 71.9 points (-20.2% versus +51.7%). Note the risk asymmetry: BTCT runs 7.9 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
BTCT vs ZETA: side by side
| BTCT (BTC Digital Ltd.) | ZETA (Zeta Global Holdings Corp.) | |
|---|---|---|
| 1-year return | -20.2% | +51.7% |
| 5-year return | -99.5% | +373.7% |
| Volatility (ann.) | 571.6% | 71.9% |
| Beta vs S&P 500 | -2.21 | 2.30 |
| Max drawdown (3Y) | -97.8% | -70.0% |
| Market cap | – | $7.5B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BTCT | ZETA |
|---|---|---|
| 2022 | -97.6% | -3.0% |
| 2023 | +33.9% | +8.0% |
| 2024 | -0.8% | +104.0% |
| 2025 | -72.8% | +13.1% |
| 2026 | +61.5% | +48.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BTCT and ZETA good diversifiers for each other?
By historical standards, yes. A correlation of -0.37 means the two rarely move for the same reasons.
FAQ
What is the correlation between BTCT and ZETA?
Using weekly returns as of 2026-08-27: -0.37 over 3 years, with 0.10 over the last year and -0.26 over 5 years.
Is ZETA a good diversifier for BTCT?
By historical standards, yes. A correlation of -0.37 means the two rarely move for the same reasons.
What does a correlation of -0.37 mean?
A reading of -0.37 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/btct-vs-zeta.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/btct-vs-zeta/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BTCT correlations · ZETA correlations
