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CETY vs DXYZ: Correlation

Measured on weekly returns over the past three years, Clean Energy Technologies, Inc. (CETY) and Destiny Tech100 Inc. (DXYZ) carry a correlation of 0.30, a moderate link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.30
moderate
Correlation (1Y)
0.03
last 12 months
Correlation (5Y)
n/a
long-run
Ann. covariance
6339.5
%² · weekly, annualized

How correlated are CETY and DXYZ?

On 3 years of weekly data the CETY/DXYZ correlation comes out at 0.30, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.03 versus 0.30 over 3 years. The 5-year figure is n/a, and annualized covariance runs at 6339.5 %².

Few assets follow CETY as closely as DXYZ, which ranks #1 of 10 tracked partners. The last year tells two different stories: DXYZ led by 99.0 percentage points, -74.1% for CETY against +24.9% for DXYZ. One caveat on sizing: DXYZ is 2.0 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.

CETY vs DXYZ: side by side

CETY (Clean Energy Technologies, Inc.)DXYZ (Destiny Tech100 Inc.)
1-year return-74.1%+24.9%
5-year returnn/an/a
Volatility (ann.)102.9%201.3%
Beta vs S&P 5000.533.94
Max drawdown (3Y)-98.5%-90.3%
Market cap$1.1B
P/E (trailing)9.8
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: DXYZ -90.3% vs -98.5%
-84%0%+158%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. CETY · DXYZ

Year-by-year returns

YearCETYDXYZ
2024-59.1%
2025-92.1%-48.0%
2026+35.2%+15.6%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are CETY and DXYZ good diversifiers for each other?

A fair diversifier. At 0.30, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between CETY and DXYZ?

As of 2026-08-27, the correlation of weekly returns between CETY and DXYZ is 0.30 over 3 years, 0.03 over 1 year and n/a over 5 years.

Is DXYZ a good diversifier for CETY?

A fair diversifier. At 0.30, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.30 mean?

A reading of 0.30 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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CETY vs DXYZ: 3-year weekly correlation 0.30CETY vs DXYZ0.30

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Hubs: CETY correlations · DXYZ correlations