DFSC vs YETI: Correlation
DEFSEC Technologies Inc. (DFSC) and YETI Holdings, Inc. (YETI) 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 DFSC and YETI?
On 3 years of weekly data the DFSC/YETI correlation comes out at -0.25, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.39) runs below the 3-year figure (-0.25). The 5-year figure is -0.04, and annualized covariance runs at -1528.1 %².
YETI is close to the least connected end of DFSC's tracked universe, ranking #13 of 14. The last year tells two different stories: YETI led by 59.7 percentage points, -44.1% for DFSC against +15.6% for YETI. One caveat on sizing: DFSC is 3.8 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.
DFSC vs YETI: side by side
| DFSC (DEFSEC Technologies Inc.) | YETI (YETI Holdings, Inc.) | |
|---|---|---|
| 1-year return | -44.1% | +15.6% |
| 5-year return | -100.0% | -58.8% |
| Volatility (ann.) | 152.6% | 39.9% |
| Beta vs S&P 500 | 0.90 | 1.17 |
| Max drawdown (3Y) | -99.9% | -49.7% |
| Market cap | – | $3.1B |
| P/E (trailing) | – | 18.4 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DFSC | YETI |
|---|---|---|
| 2022 | -96.2% | -50.1% |
| 2023 | -65.1% | +25.3% |
| 2024 | -92.2% | -25.6% |
| 2025 | -88.4% | +14.7% |
| 2026 | +9.4% | -5.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DFSC and YETI 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 DFSC and YETI?
The DFSC/YETI correlation stands at -0.25 on a 3-year window (1 year: -0.39, 5 years: -0.04), computed from weekly returns as of 2026-08-27.
Is YETI a good diversifier for DFSC?
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/dfsc-vs-yeti.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/dfsc-vs-yeti/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: DFSC correlations · YETI correlations
