DBGI vs TENB: Correlation
Digital Brands Group, Inc. (DBGI) and Tenable Holdings, Inc. (TENB) 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 DBGI and TENB?
On 3 years of weekly data the DBGI/TENB correlation comes out at -0.27, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.34 over 1 year against -0.27 over 3. The 5-year figure is -0.17, and annualized covariance runs at -12392.6 %².
Within DBGI's tracked universe of 28 assets, TENB comes in at #20 by 3-year correlation. The last year tells two different stories: TENB led by 52.2 percentage points, -29.2% for DBGI against +23.0% for TENB. Risk is not evenly split, since DBGI carries 27.2 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 TENB: side by side
| DBGI (Digital Brands Group, Inc.) | TENB (Tenable Holdings, Inc.) | |
|---|---|---|
| 1-year return | -29.2% | +23.0% |
| 5-year return | -100.0% | -16.1% |
| Volatility (ann.) | 1127.2% | 41.5% |
| Beta vs S&P 500 | -1.93 | 1.04 |
| Max drawdown (3Y) | -100.0% | -69.1% |
| Market cap | – | $4.1B |
| P/E (trailing) | – | 537.4 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DBGI | TENB |
|---|---|---|
| 2022 | -98.2% | -30.7% |
| 2023 | -96.9% | +20.7% |
| 2024 | -98.9% | -14.5% |
| 2025 | +610.8% | -40.2% |
| 2026 | -43.1% | +59.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DBGI and TENB 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 DBGI and TENB?
Using weekly returns as of 2026-08-27: -0.27 over 3 years, with -0.34 over the last year and -0.17 over 5 years.
Is TENB a good diversifier for DBGI?
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/dbgi-vs-tenb.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/dbgi-vs-tenb/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: DBGI correlations · TENB correlations
