DASH vs IVV: Correlation
Measured on weekly returns over the past three years, DoorDash (DASH) and iShares Core S&P 500 ETF (IVV) carry a correlation of 0.56, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DASH and IVV?
On 3 years of weekly data the DASH/IVV correlation comes out at 0.56, moderate. Little has changed lately, as the 1-year reading of 0.49 lands near the 3-year figure. The 5-year figure is 0.57, and annualized covariance runs at 361.8 %².
By 3-year correlation, IVV places #14 of the 36 assets tracked against DASH. Their recent paths diverged sharply: over the last 12 months IVV outperformed by 26.3 percentage points (-5.6% for DASH against +20.7% for IVV). The rolling one-year correlation moved between 0.37 and 0.76 over the past three years, a moderate range. Risk is not evenly split, since DASH carries 3.0 times the volatility of the other side.
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.
DASH vs IVV: side by side
| DASH (DoorDash) | IVV (iShares Core S&P 500 ETF) | |
|---|---|---|
| 1-year return | -5.6% | +20.7% |
| 5-year return | +20.3% | +83.0% |
| Volatility (ann.) | 44.1% | 14.5% |
| Beta vs S&P 500 | 1.73 | 1.00 |
| Max drawdown (3Y) | -48.0% | -18.8% |
| Market cap | $101.0B | – |
| P/E (trailing) | 123.3 | – |
| Dividend yield | 0.00% | 1.09% |
| Expense ratio | – | 0.03% |
| Assets under management | – | $869.2B |
| Sector / category | Consumer Discretionary | ETF · US Large Cap |
IVV is a Large Blend fund from iShares: $869.2B under management, 503 holdings, a 0.03% expense ratio, a 1.09% trailing dividend yield.
Year-by-year returns
| Year | DASH | IVV |
|---|---|---|
| 2022 | -67.2% | -18.2% |
| 2023 | +102.6% | +26.3% |
| 2024 | +69.6% | +24.9% |
| 2025 | +35.0% | +17.8% |
| 2026 | +2.4% | +13.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Fund exposure
DASH represents 0.14% of IVV's portfolio, so part of any move in IVV is DASH itself, and the correlation between them is partly mechanical.
Are DASH and IVV good diversifiers for each other?
Somewhat, no more. With 0.56 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between DASH and IVV?
As of 2026-08-27, the correlation of weekly returns between DASH and IVV is 0.56 over 3 years, 0.49 over 1 year and 0.57 over 5 years.
Is IVV a good diversifier for DASH?
Somewhat, no more. With 0.56 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.56 mean?
On the −1 to +1 scale, 0.56 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/dash-vs-ivv.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/dash-vs-ivv/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: DASH correlations · IVV correlations
