DFDV vs FEED: Correlation
How closely do DeFi Development Corp. (DFDV) and ENvue Medical, Inc. (FEED) trade together? Their weekly returns over three years give a correlation of 0.50, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DFDV and FEED?
Across a 3-year window, the weekly returns of DFDV and FEED correlate at 0.50, moderate. The link has loosened recently: the 1-year correlation (-0.09) runs below the 3-year figure (0.50). Stretching to 5 years gives n/a, with an annualized covariance of 71474.3 %².
In DFDV's tracked universe of 60 assets, FEED sits right near the top at #1. Their recent paths diverged sharply: over the last 12 months DFDV outperformed by 28.3 percentage points (-65.4% for DFDV against -93.7% for FEED). Risk is not evenly split, since DFDV 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.
DFDV vs FEED: side by side
| DFDV (DeFi Development Corp.) | FEED (ENvue Medical, Inc.) | |
|---|---|---|
| 1-year return | -65.4% | -93.7% |
| 5-year return | n/a | -100.0% |
| Volatility (ann.) | 693.3% | 207.5% |
| Beta vs S&P 500 | 12.24 | 2.43 |
| Max drawdown (3Y) | -94.2% | -99.9% |
| Market cap | $0.2B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DFDV | FEED |
|---|---|---|
| 2022 | – | -75.8% |
| 2023 | – | -77.2% |
| 2024 | -41.1% | -48.7% |
| 2025 | +628.1% | -96.4% |
| 2026 | +4.6% | -84.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DFDV and FEED good diversifiers for each other?
Somewhat, no more. With 0.50 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between DFDV and FEED?
As of 2026-08-27, the correlation of weekly returns between DFDV and FEED is 0.50 over 3 years, -0.09 over 1 year and n/a over 5 years.
Is FEED a good diversifier for DFDV?
Somewhat, no more. With 0.50 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.50 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/dfdv-vs-feed.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/dfdv-vs-feed/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: DFDV correlations · FEED correlations
