DIA vs GEN: Correlation
SPDR Dow Jones Industrial Average ETF (DIA) and Gen Digital (GEN) show a moderate relationship: their 3-year correlation of weekly returns is 0.49.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DIA and GEN?
Across a 3-year window, the weekly returns of DIA and GEN correlate at 0.49, moderate. The relationship has been stable: the 1-year correlation (0.40) sits close to the 3-year figure. Stretching to 5 years gives 0.49, with an annualized covariance of 203.4 %².
Within DIA's tracked universe of 116 assets, GEN comes in at #90 by 3-year correlation. The last year tells two different stories: DIA led by 18.0 percentage points, +19.2% for DIA against +1.2% for GEN. On a rolling one-year basis the correlation drifted between 0.41 and 0.71, a moderate band. One caveat on sizing: GEN is 2.4 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.
DIA vs GEN: side by side
| DIA (SPDR Dow Jones Industrial Average ETF) | GEN (Gen Digital) | |
|---|---|---|
| 1-year return | +19.2% | +1.2% |
| 5-year return | +64.8% | +26.3% |
| Volatility (ann.) | 13.0% | 31.7% |
| Beta vs S&P 500 | 0.79 | 1.02 |
| Max drawdown (3Y) | -16.0% | -43.6% |
| Market cap | – | $18.3B |
| P/E (trailing) | – | 17.3 |
| Dividend yield | 1.37% | 1.69% |
| Expense ratio | 0.16% | – |
| Assets under management | $45.2B | – |
| Sector / category | ETF · US Large Cap | Information Technology |
DIA, State Street Investment Management's Large Value fund, carries $45.2B under management, 30 holdings, a 0.16% expense ratio, a 1.37% trailing dividend yield.
Year-by-year returns
| Year | DIA | GEN |
|---|---|---|
| 2022 | -7.0% | -15.8% |
| 2023 | +16.0% | +9.3% |
| 2024 | +14.8% | +22.4% |
| 2025 | +14.7% | +1.1% |
| 2026 | +12.3% | +13.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DIA and GEN good diversifiers for each other?
Reasonably. At 0.49, DIA and GEN keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between DIA and GEN?
As of 2026-08-27, the correlation of weekly returns between DIA and GEN is 0.49 over 3 years, 0.40 over 1 year and 0.49 over 5 years.
Is GEN a good diversifier for DIA?
Reasonably. At 0.49, DIA and GEN keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.49 mean?
On the −1 to +1 scale, 0.49 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/dia-vs-gen.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/dia-vs-gen/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: DIA correlations · GEN correlations
