DFDV vs ILPT: Correlation
How closely do DeFi Development Corp. (DFDV) and Industrial Logistics Properties Trust (ILPT) trade together? Their weekly returns over three years give a correlation of -0.18, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DFDV and ILPT?
Over the past 3 years, DFDV and ILPT moved with a correlation of -0.18, which is negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (0.10) than the 3-year average (-0.18). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -7256.5 %².
By 3-year correlation, ILPT places #10 of the 60 assets tracked against DFDV. Correlation aside, the last 12 months split them widely, with ILPT ahead by 108.8 points (-65.4% versus +43.4%). One caveat on sizing: DFDV is 11.8 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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 ILPT: side by side
| DFDV (DeFi Development Corp.) | ILPT (Industrial Logistics Properties Trust) | |
|---|---|---|
| 1-year return | -65.4% | +43.4% |
| 5-year return | n/a | -65.6% |
| Volatility (ann.) | 693.3% | 59.0% |
| Beta vs S&P 500 | 12.24 | 1.10 |
| Max drawdown (3Y) | -94.2% | -51.1% |
| Market cap | $0.2B | $0.6B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 2.97% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DFDV | ILPT |
|---|---|---|
| 2022 | – | -86.5% |
| 2023 | – | +45.8% |
| 2024 | -41.1% | -21.6% |
| 2025 | +628.1% | +55.5% |
| 2026 | +4.6% | +54.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DFDV and ILPT good diversifiers for each other?
By historical standards, yes. A correlation of -0.18 means the two rarely move for the same reasons.
FAQ
What is the correlation between DFDV and ILPT?
The DFDV/ILPT correlation stands at -0.18 on a 3-year window (1 year: 0.10, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is ILPT a good diversifier for DFDV?
By historical standards, yes. A correlation of -0.18 means the two rarely move for the same reasons.
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/dfdv-vs-ilpt.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/dfdv-vs-ilpt/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: DFDV correlations · ILPT correlations
