DASH vs JDZG: Correlation
DoorDash (DASH) and JIADE LIMITED - Class A (JDZG) show a negative relationship: their 3-year correlation of weekly returns is -0.18.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DASH and JDZG?
Over the past 3 years, DASH and JDZG moved with a correlation of -0.18, which is negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.38) than the 3-year average (-0.18). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -1921.8 %².
Within DASH's tracked universe of 36 assets, JDZG comes in at #27 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months DASH outperformed by 93.7 percentage points (-5.6% for DASH against -99.3% for JDZG). Risk is not evenly split, since JDZG carries 5.7 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 JDZG: side by side
| DASH (DoorDash) | JDZG (JIADE LIMITED - Class A) | |
|---|---|---|
| 1-year return | -5.6% | -99.3% |
| 5-year return | +20.3% | n/a |
| Volatility (ann.) | 44.1% | 252.5% |
| Beta vs S&P 500 | 1.73 | 0.21 |
| Max drawdown (3Y) | -48.0% | -100.0% |
| Market cap | $101.0B | – |
| P/E (trailing) | 123.3 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Consumer Discretionary | US Listed |
Year-by-year returns
| Year | DASH | JDZG |
|---|---|---|
| 2022 | -67.2% | – |
| 2023 | +102.6% | – |
| 2024 | +69.6% | – |
| 2025 | +35.0% | -88.0% |
| 2026 | +2.4% | -98.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DASH and JDZG good diversifiers for each other?
Yes. With a correlation of -0.18, DASH and JDZG have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between DASH and JDZG?
As of 2026-08-27, the correlation of weekly returns between DASH and JDZG is -0.18 over 3 years, -0.38 over 1 year and n/a over 5 years.
Is JDZG a good diversifier for DASH?
Yes. With a correlation of -0.18, DASH and JDZG have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.18 mean?
On the −1 to +1 scale, -0.18 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-jdzg.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/dash-vs-jdzg/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: DASH correlations · JDZG correlations
