DCX vs O: Correlation
Measured on weekly returns over the past three years, Digital Currency X Technology Inc. - Class A (DCX) and Realty Income (O) carry a correlation of -0.18, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DCX and O?
On 3 years of weekly data the DCX/O correlation comes out at -0.18, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.23 over 1 year against -0.18 over 3. The 5-year figure is -0.14, and annualized covariance runs at -517.6 %².
By 3-year correlation, O places #8 of the 19 assets tracked against DCX. The last year tells two different stories: O led by 111.3 percentage points, -100.0% for DCX against +11.3% for O. Risk is not evenly split, since DCX carries 9.6 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.
DCX vs O: side by side
| DCX (Digital Currency X Technology Inc. - Class A) | O (Realty Income) | |
|---|---|---|
| 1-year return | -100.0% | +11.3% |
| 5-year return | -100.0% | +14.5% |
| Volatility (ann.) | 165.4% | 17.3% |
| Beta vs S&P 500 | 2.11 | 0.21 |
| Max drawdown (3Y) | -100.0% | -19.3% |
| Market cap | $0.3B | $58.5B |
| P/E (trailing) | 0.0 | 45.4 |
| Dividend yield | 0.00% | 5.20% |
| Sector / category | US Listed | Real Estate |
Year-by-year returns
| Year | DCX | O |
|---|---|---|
| 2022 | – | -7.4% |
| 2023 | -93.3% | -4.5% |
| 2024 | -89.0% | -2.1% |
| 2025 | -99.8% | +12.2% |
| 2026 | -83.3% | +13.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DCX and O good diversifiers for each other?
Yes: at -0.18, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between DCX and O?
The DCX/O correlation stands at -0.18 on a 3-year window (1 year: -0.23, 5 years: -0.14), computed from weekly returns as of 2026-08-27.
Is O a good diversifier for DCX?
Yes: at -0.18, the two have gone their own ways historically, which is what genuine diversification looks like.
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/dcx-vs-o.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/dcx-vs-o/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: DCX correlations · O correlations
