DASH vs NRT: Correlation
DoorDash (DASH) and North European Oil Royality Trust (NRT) show a negative relationship: their 3-year correlation of weekly returns is -0.27.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DASH and NRT?
Across a 3-year window, the weekly returns of DASH and NRT correlate at -0.27, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.17 over 1 year against -0.27 over 3. Stretching to 5 years gives -0.14, with an annualized covariance of -614.2 %².
Among the 36 assets we track against DASH, NRT sits near the bottom by co-movement, at rank #33. The last year tells two different stories: NRT led by 90.8 percentage points, -5.6% for DASH against +85.2% for NRT.
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 NRT: side by side
| DASH (DoorDash) | NRT (North European Oil Royality Trust) | |
|---|---|---|
| 1-year return | -5.6% | +85.2% |
| 5-year return | +20.3% | +131.5% |
| Volatility (ann.) | 44.1% | 51.6% |
| Beta vs S&P 500 | 1.73 | -0.42 |
| Max drawdown (3Y) | -48.0% | -66.1% |
| Market cap | $101.0B | $0.1B |
| P/E (trailing) | 123.3 | 8.4 |
| Dividend yield | 0.00% | 11.95% |
| Sector / category | Consumer Discretionary | US Listed |
Year-by-year returns
| Year | DASH | NRT |
|---|---|---|
| 2022 | -67.2% | +41.9% |
| 2023 | +102.6% | -46.5% |
| 2024 | +69.6% | -25.3% |
| 2025 | +35.0% | +88.4% |
| 2026 | +2.4% | +41.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DASH and NRT good diversifiers for each other?
Yes: at -0.27, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between DASH and NRT?
As of 2026-08-27, the correlation of weekly returns between DASH and NRT is -0.27 over 3 years, -0.17 over 1 year and -0.14 over 5 years.
Is NRT a good diversifier for DASH?
Yes: at -0.27, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.27 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/dash-vs-nrt.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/dash-vs-nrt/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: DASH correlations · NRT correlations
