DDC vs LVWR: Correlation
How closely do DDC Enterprise Limited Class A (DDC) and LiveWire Group, Inc. (LVWR) trade together? Their weekly returns over three years give a correlation of 0.40, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DDC and LVWR?
Over the past 3 years, DDC and LVWR moved with a correlation of 0.40, which is moderate. The link has loosened recently: the 1-year correlation (-0.03) runs below the 3-year figure (0.40). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 14942.5 %².
In DDC's tracked universe of 11 assets, LVWR sits right near the top at #2. Correlation aside, the last 12 months split them widely, with LVWR ahead by 30.5 points (-95.7% versus -65.2%).
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.
DDC vs LVWR: side by side
| DDC (DDC Enterprise Limited Class A) | LVWR (LiveWire Group, Inc.) | |
|---|---|---|
| 1-year return | -95.7% | -65.2% |
| 5-year return | n/a | -86.0% |
| Volatility (ann.) | 158.5% | 230.4% |
| Beta vs S&P 500 | 2.55 | 2.09 |
| Max drawdown (3Y) | -99.8% | -94.6% |
| Market cap | – | $0.3B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DDC | LVWR |
|---|---|---|
| 2022 | – | -51.5% |
| 2023 | – | +133.2% |
| 2024 | -96.3% | -57.5% |
| 2025 | -53.1% | -8.1% |
| 2026 | -73.6% | -69.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DDC and LVWR good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.40 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between DDC and LVWR?
As of 2026-08-27, the correlation of weekly returns between DDC and LVWR is 0.40 over 3 years, -0.03 over 1 year and n/a over 5 years.
Is LVWR a good diversifier for DDC?
Yes, to a useful degree: a correlation of 0.40 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.40 mean?
A reading of 0.40 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/ddc-vs-lvwr.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/ddc-vs-lvwr/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: DDC correlations · LVWR correlations
