CDT vs DBGI: Correlation
CDT Equity Inc. (CDT) and Digital Brands Group, Inc. (DBGI) show a very strong relationship: their 3-year correlation of weekly returns is 0.92.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CDT and DBGI?
Across a 3-year window, the weekly returns of CDT and DBGI correlate at 0.92, very strong, meaning they move nearly in lockstep. Little has changed lately, as the 1-year reading of 0.99 lands near the 3-year figure. Stretching to 5 years gives 0.92, with an annualized covariance of 567964.1 %².
Few assets follow CDT as closely as DBGI, which ranks #3 of 20 tracked partners. Their recent paths diverged sharply: over the last 12 months DBGI outperformed by 70.1 percentage points (-99.3% for CDT against -29.2% for DBGI). One caveat on sizing: DBGI is 2.1 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
CDT vs DBGI: side by side
| CDT (CDT Equity Inc.) | DBGI (Digital Brands Group, Inc.) | |
|---|---|---|
| 1-year return | -99.3% | -29.2% |
| 5-year return | -100.0% | -100.0% |
| Volatility (ann.) | 546.1% | 1127.2% |
| Beta vs S&P 500 | 0.29 | -1.93 |
| Max drawdown (3Y) | -100.0% | -100.0% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CDT | DBGI |
|---|---|---|
| 2022 | – | -98.2% |
| 2023 | -55.6% | -96.9% |
| 2024 | -98.5% | -98.9% |
| 2025 | -99.8% | +610.8% |
| 2026 | -94.1% | -43.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CDT and DBGI good diversifiers for each other?
No: a correlation of 0.92 means CDT and DBGI tend to fall together, which is precisely when diversification is supposed to help.
FAQ
What is the correlation between CDT and DBGI?
The CDT/DBGI correlation stands at 0.92 on a 3-year window (1 year: 0.99, 5 years: 0.92), computed from weekly returns as of 2026-08-27.
Is DBGI a good diversifier for CDT?
No: a correlation of 0.92 means CDT and DBGI tend to fall together, which is precisely when diversification is supposed to help.
What does a correlation of 0.92 mean?
On the −1 to +1 scale, 0.92 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
$ curl https://www.pairbook.io/api/v1/pairs/cdt-vs-dbgi.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/cdt-vs-dbgi/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CDT correlations · DBGI correlations
