DCH vs SPY: Correlation
Measured on weekly returns over the past three years, Dauch Corporation (DCH) and SPDR S&P 500 ETF Trust (SPY) carry a correlation of 0.47, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DCH and SPY?
Across a 3-year window, the weekly returns of DCH and SPY correlate at 0.47, moderate. Little has changed lately, as the 1-year reading of 0.42 lands near the 3-year figure. Stretching to 5 years gives 0.53, with an annualized covariance of 329.4 %².
By 3-year correlation, SPY places #11 of the 16 assets tracked against DCH. Correlation aside, the last 12 months split them widely, with SPY ahead by 15.4 points (+5.2% versus +20.6%). Risk is not evenly split, since DCH carries 3.3 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.
DCH vs SPY: side by side
| DCH (Dauch Corporation) | SPY (SPDR S&P 500 ETF Trust) | |
|---|---|---|
| 1-year return | +5.2% | +20.6% |
| 5-year return | -28.5% | +82.4% |
| Volatility (ann.) | 48.5% | 14.5% |
| Beta vs S&P 500 | 1.58 | 1.00 |
| Max drawdown (3Y) | -65.3% | -18.8% |
| Market cap | $1.5B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 1.01% |
| Expense ratio | – | 0.09% |
| Assets under management | – | $795.3B |
| Sector / category | US Listed | ETF · US Large Cap |
SPY is a Large Blend fund from State Street Investment Management: $795.3B under management, 504 holdings, a 0.09% expense ratio, a 1.01% trailing dividend yield.
Year-by-year returns
| Year | DCH | SPY |
|---|---|---|
| 2022 | -16.2% | -18.2% |
| 2023 | +12.7% | +26.2% |
| 2024 | -33.8% | +24.9% |
| 2025 | +9.9% | +17.7% |
| 2026 | -1.4% | +13.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DCH and SPY good diversifiers for each other?
A fair diversifier. At 0.47, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between DCH and SPY?
As of 2026-08-27, the correlation of weekly returns between DCH and SPY is 0.47 over 3 years, 0.42 over 1 year and 0.53 over 5 years.
Is SPY a good diversifier for DCH?
A fair diversifier. At 0.47, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.47 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.
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Related comparisons
Hubs: DCH correlations · SPY correlations
