DGXX vs MO: Correlation
Digi Power X Inc. - Common Subordinate Voting Shares (DGXX) and Altria (MO) show a negative relationship: their 3-year correlation of weekly returns is -0.19.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DGXX and MO?
Over the past 3 years, DGXX and MO moved with a correlation of -0.19, which is negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.37) than the 3-year average (-0.19). Over 5 years the correlation is -0.05, and the annualized covariance of weekly returns is -491.9 %².
Among the 11 assets we track against DGXX, MO sits near the bottom by co-movement, at rank #9. The last year tells two different stories: DGXX led by 70.3 percentage points, +79.1% for DGXX against +8.8% for MO. Note the risk asymmetry: DGXX runs 5.3 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.
DGXX vs MO: side by side
| DGXX (Digi Power X Inc. - Common Subordinate Voting Shares) | MO (Altria) | |
|---|---|---|
| 1-year return | +79.1% | +8.8% |
| 5-year return | -21.0% | +100.4% |
| Volatility (ann.) | 116.4% | 21.8% |
| Beta vs S&P 500 | 2.42 | -0.07 |
| Max drawdown (3Y) | -75.9% | -16.4% |
| Market cap | $0.4B | $113.0B |
| P/E (trailing) | – | 14.6 |
| Dividend yield | 0.00% | 6.13% |
| Sector / category | US Listed | Consumer Staples |
Year-by-year returns
| Year | DGXX | MO |
|---|---|---|
| 2022 | -92.2% | +4.4% |
| 2023 | +536.1% | -3.7% |
| 2024 | -34.5% | +40.8% |
| 2025 | +70.0% | +18.2% |
| 2026 | +58.0% | +21.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DGXX and MO good diversifiers for each other?
Yes: at -0.19, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between DGXX and MO?
Using weekly returns as of 2026-08-27: -0.19 over 3 years, with -0.37 over the last year and -0.05 over 5 years.
Is MO a good diversifier for DGXX?
Yes: at -0.19, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.19 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
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Related comparisons
Hubs: DGXX correlations · MO correlations
