DBGI vs MCO: Correlation
Digital Brands Group, Inc. (DBGI) and Moody's Corporation (MCO) 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 DBGI and MCO?
Over the past 3 years, DBGI and MCO moved with a correlation of -0.18, which is negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.27) sits close to the 3-year figure. Over 5 years the correlation is -0.12, and the annualized covariance of weekly returns is -5191.2 %².
By 3-year correlation, MCO places #14 of the 28 assets tracked against DBGI. Correlation aside, the last 12 months split them widely, with MCO ahead by 29.9 points (-29.2% versus +0.7%). Risk is not evenly split, since DBGI carries 43.7 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.
DBGI vs MCO: side by side
| DBGI (Digital Brands Group, Inc.) | MCO (Moody's Corporation) | |
|---|---|---|
| 1-year return | -29.2% | +0.7% |
| 5-year return | -100.0% | +39.4% |
| Volatility (ann.) | 1127.2% | 25.8% |
| Beta vs S&P 500 | -1.93 | 1.08 |
| Max drawdown (3Y) | -100.0% | -24.7% |
| Market cap | – | $88.2B |
| P/E (trailing) | – | 32.7 |
| Dividend yield | 0.00% | 0.77% |
| Sector / category | US Listed | Financials |
Year-by-year returns
| Year | DBGI | MCO |
|---|---|---|
| 2022 | -98.2% | -28.0% |
| 2023 | -96.9% | +41.5% |
| 2024 | -98.9% | +22.2% |
| 2025 | +610.8% | +8.7% |
| 2026 | -43.1% | +0.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DBGI and MCO good diversifiers for each other?
By historical standards, yes. A correlation of -0.18 means the two rarely move for the same reasons.
FAQ
What is the correlation between DBGI and MCO?
As of 2026-08-27, the correlation of weekly returns between DBGI and MCO is -0.18 over 3 years, -0.27 over 1 year and -0.12 over 5 years.
Is MCO a good diversifier for DBGI?
By historical standards, yes. A correlation of -0.18 means the two rarely move for the same reasons.
What does a correlation of -0.18 mean?
A reading of -0.18 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/dbgi-vs-mco.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/dbgi-vs-mco/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: DBGI correlations · MCO correlations
