DGZ vs VRSN: Correlation
DB Gold Short ETN due February 15, 2038 (DGZ) and Verisign (VRSN) show a negative relationship: their 3-year correlation of weekly returns is -0.20.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DGZ and VRSN?
Over the past 3 years, DGZ and VRSN moved with a correlation of -0.20, which is negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.35 versus -0.20 over 3 years. Over 5 years the correlation is -0.18, and the annualized covariance of weekly returns is -131.3 %².
By 3-year correlation, VRSN places #42 of the 156 assets tracked against DGZ. The last year tells two different stories: VRSN led by 36.2 percentage points, -26.6% for DGZ against +9.6% for VRSN.
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.
DGZ vs VRSN: side by side
| DGZ (DB Gold Short ETN due February 15, 2038) | VRSN (Verisign) | |
|---|---|---|
| 1-year return | -26.6% | +9.6% |
| 5-year return | -50.3% | +38.8% |
| Volatility (ann.) | 28.3% | 23.1% |
| Beta vs S&P 500 | -0.18 | 0.50 |
| Max drawdown (3Y) | -59.5% | -30.2% |
| Market cap | – | $26.6B |
| P/E (trailing) | – | 31.9 |
| Dividend yield | – | 1.08% |
| Sector / category | US Listed | Information Technology |
Year-by-year returns
| Year | DGZ | VRSN |
|---|---|---|
| 2022 | +4.9% | -19.1% |
| 2023 | -4.7% | +0.3% |
| 2024 | -16.5% | +0.5% |
| 2025 | -32.5% | +18.4% |
| 2026 | -10.0% | +22.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DGZ and VRSN good diversifiers for each other?
Yes: at -0.20, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between DGZ and VRSN?
Using weekly returns as of 2026-08-27: -0.20 over 3 years, with -0.35 over the last year and -0.18 over 5 years.
Is VRSN a good diversifier for DGZ?
Yes: at -0.20, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.20 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/dgz-vs-vrsn.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/dgz-vs-vrsn/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: DGZ correlations · VRSN correlations
