DFDV vs IMAX: Correlation
How closely do DeFi Development Corp. (DFDV) and Imax Corporation (IMAX) trade together? Their weekly returns over three years give a correlation of -0.20, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DFDV and IMAX?
On 3 years of weekly data the DFDV/IMAX correlation comes out at -0.20, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.16 over 1 year against -0.20 over 3. The 5-year figure is n/a, and annualized covariance runs at -5274.1 %².
Among the 60 assets we track against DFDV, IMAX ranks #13 by 3-year correlation. The last year tells two different stories: IMAX led by 144.8 percentage points, -65.4% for DFDV against +79.4% for IMAX. Note the risk asymmetry: DFDV runs 18.6 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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 IMAX: side by side
| DFDV (DeFi Development Corp.) | IMAX (Imax Corporation) | |
|---|---|---|
| 1-year return | -65.4% | +79.4% |
| 5-year return | n/a | +235.1% |
| Volatility (ann.) | 693.3% | 37.2% |
| Beta vs S&P 500 | 12.24 | 0.17 |
| Max drawdown (3Y) | -94.2% | -32.0% |
| Market cap | $0.2B | $2.8B |
| P/E (trailing) | – | 72.1 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DFDV | IMAX |
|---|---|---|
| 2022 | – | -17.8% |
| 2023 | – | +2.5% |
| 2024 | -41.1% | +70.4% |
| 2025 | +628.1% | +44.4% |
| 2026 | +4.6% | +40.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DFDV and IMAX good diversifiers for each other?
Yes. With a correlation of -0.20, DFDV and IMAX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between DFDV and IMAX?
As of 2026-08-27, the correlation of weekly returns between DFDV and IMAX is -0.20 over 3 years, -0.16 over 1 year and n/a over 5 years.
Is IMAX a good diversifier for DFDV?
Yes. With a correlation of -0.20, DFDV and IMAX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.20 mean?
A reading of -0.20 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/dfdv-vs-imax.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/dfdv-vs-imax/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: DFDV correlations · IMAX correlations
