DFDV vs RLYB: Correlation
DeFi Development Corp. (DFDV) and Rallybio Corporation (RLYB) show a negative relationship: their 3-year correlation of weekly returns is -0.25.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DFDV and RLYB?
Over the past 3 years, DFDV and RLYB moved with a correlation of -0.25, which is negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at -0.10 versus -0.25 over 3 years. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -17099.5 %².
Among the 60 assets we track against DFDV, RLYB ranks #21 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months RLYB outperformed by 320.5 percentage points (-65.4% for DFDV against +255.1% for RLYB). Risk is not evenly split, since DFDV carries 7.0 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 RLYB: side by side
| DFDV (DeFi Development Corp.) | RLYB (Rallybio Corporation) | |
|---|---|---|
| 1-year return | -65.4% | +255.1% |
| 5-year return | n/a | -83.7% |
| Volatility (ann.) | 693.3% | 99.0% |
| Beta vs S&P 500 | 12.24 | 0.78 |
| Max drawdown (3Y) | -94.2% | -95.5% |
| Market cap | $0.2B | $0.1B |
| P/E (trailing) | – | 2.1 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DFDV | RLYB |
|---|---|---|
| 2022 | – | -31.1% |
| 2023 | – | -63.6% |
| 2024 | -41.1% | -59.8% |
| 2025 | +628.1% | -28.5% |
| 2026 | +4.6% | +205.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DFDV and RLYB good diversifiers for each other?
Yes: at -0.25, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between DFDV and RLYB?
As of 2026-08-27, the correlation of weekly returns between DFDV and RLYB is -0.25 over 3 years, -0.10 over 1 year and n/a over 5 years.
Is RLYB a good diversifier for DFDV?
Yes: at -0.25, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.25 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-rlyb.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/dfdv-vs-rlyb/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: DFDV correlations · RLYB correlations
