CDLX vs DCX: Correlation
Cardlytics, Inc. (CDLX) and Digital Currency X Technology Inc. - Class A (DCX) show a moderate relationship: their 3-year correlation of weekly returns is 0.41.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CDLX and DCX?
Over the past 3 years, CDLX and DCX moved with a correlation of 0.41, which is moderate. Lately the two have moved closer together, with the 1-year correlation at 0.59 versus 0.41 over 3 years. Over 5 years the correlation is 0.34, and the annualized covariance of weekly returns is 9135.0 %².
Among the 15 assets we track against CDLX, DCX ranks #6 by 3-year correlation. The last year tells two different stories: CDLX led by 38.9 percentage points, -61.1% for CDLX against -100.0% for DCX.
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.
CDLX vs DCX: side by side
| CDLX (Cardlytics, Inc.) | DCX (Digital Currency X Technology Inc. - Class A) | |
|---|---|---|
| 1-year return | -61.1% | -100.0% |
| 5-year return | -99.6% | -100.0% |
| Volatility (ann.) | 134.2% | 165.4% |
| Beta vs S&P 500 | 2.27 | 2.11 |
| Max drawdown (3Y) | -98.3% | -100.0% |
| Market cap | – | $0.3B |
| P/E (trailing) | – | 0.0 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CDLX | DCX |
|---|---|---|
| 2022 | -91.3% | – |
| 2023 | +59.3% | -93.3% |
| 2024 | -59.7% | -89.0% |
| 2025 | -69.0% | -99.8% |
| 2026 | -65.1% | -83.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CDLX and DCX good diversifiers for each other?
A fair diversifier. At 0.41, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between CDLX and DCX?
As of 2026-08-27, the correlation of weekly returns between CDLX and DCX is 0.41 over 3 years, 0.59 over 1 year and 0.34 over 5 years.
Is DCX a good diversifier for CDLX?
A fair diversifier. At 0.41, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.41 mean?
A reading of 0.41 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
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Related comparisons
Hubs: CDLX correlations · DCX correlations
