CERT vs DFDV: Correlation
How closely do Certara, Inc. (CERT) and DeFi Development Corp. (DFDV) trade together? Their weekly returns over three years give a correlation of 0.37, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CERT and DFDV?
Across a 3-year window, the weekly returns of CERT and DFDV correlate at 0.37, moderate. Recent behaviour matches the longer record: 0.30 over 1 year against 0.37 over 3. Stretching to 5 years gives n/a, with an annualized covariance of 14543.8 %².
Among the 13 assets we track against CERT, DFDV ranks #8 by 3-year correlation. The last year tells two different stories: CERT led by 42.1 percentage points, -23.3% for CERT against -65.4% for DFDV. One caveat on sizing: DFDV is 12.2 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.
CERT vs DFDV: side by side
| CERT (Certara, Inc.) | DFDV (DeFi Development Corp.) | |
|---|---|---|
| 1-year return | -23.3% | -65.4% |
| 5-year return | -74.4% | n/a |
| Volatility (ann.) | 56.7% | 693.3% |
| Beta vs S&P 500 | 1.49 | 12.24 |
| Max drawdown (3Y) | -77.0% | -94.2% |
| Market cap | $1.3B | $0.2B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CERT | DFDV |
|---|---|---|
| 2022 | -43.5% | – |
| 2023 | +9.5% | – |
| 2024 | -39.5% | -41.1% |
| 2025 | -17.3% | +628.1% |
| 2026 | -4.5% | +4.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CERT and DFDV good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.37 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between CERT and DFDV?
Using weekly returns as of 2026-08-27: 0.37 over 3 years, with 0.30 over the last year and n/a over 5 years.
Is DFDV a good diversifier for CERT?
Yes, to a useful degree: a correlation of 0.37 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.37 mean?
On the −1 to +1 scale, 0.37 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/cert-vs-dfdv.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/cert-vs-dfdv/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CERT correlations · DFDV correlations
