DHX vs GDC: Correlation
DHI Group, Inc. (DHX) and GD Culture Group Limited (GDC) show a negative relationship: their 3-year correlation of weekly returns is -0.22.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DHX and GDC?
Over the past 3 years, DHX and GDC moved with a correlation of -0.22, which is negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.33) than the 3-year average (-0.22). Over 5 years the correlation is -0.15, and the annualized covariance of weekly returns is -2705.4 %².
GDC is close to the least connected end of DHX's tracked universe, ranking #9 of 10. Correlation aside, the last 12 months split them widely, with DHX ahead by 151.7 points (+51.9% versus -99.8%). Note the risk asymmetry: GDC runs 2.7 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.
DHX vs GDC: side by side
| DHX (DHI Group, Inc.) | GDC (GD Culture Group Limited) | |
|---|---|---|
| 1-year return | +51.9% | -99.8% |
| 5-year return | -1.7% | -100.0% |
| Volatility (ann.) | 67.6% | 181.6% |
| Beta vs S&P 500 | 0.82 | 1.33 |
| Max drawdown (3Y) | -68.6% | -99.9% |
| Market cap | $0.2B | – |
| P/E (trailing) | 136.7 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DHX | GDC |
|---|---|---|
| 2022 | -15.2% | -93.5% |
| 2023 | -51.0% | +23.0% |
| 2024 | -31.7% | -26.5% |
| 2025 | -12.4% | +125.4% |
| 2026 | +164.5% | -99.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DHX and GDC good diversifiers for each other?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
FAQ
What is the correlation between DHX and GDC?
As of 2026-08-27, the correlation of weekly returns between DHX and GDC is -0.22 over 3 years, -0.33 over 1 year and -0.15 over 5 years.
Is GDC a good diversifier for DHX?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
What does a correlation of -0.22 mean?
A reading of -0.22 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/dhx-vs-gdc.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/dhx-vs-gdc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: DHX correlations · GDC correlations
