DIBS vs SMRT: Correlation
How closely do 1stdibs.com, Inc. (DIBS) and SmartRent, Inc. (SMRT) trade together? Their weekly returns over three years give a correlation of 0.46, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DIBS and SMRT?
Across a 3-year window, the weekly returns of DIBS and SMRT correlate at 0.46, moderate. The link has tightened recently: the 1-year correlation (0.64) runs above the 3-year figure (0.46). Stretching to 5 years gives 0.42, with an annualized covariance of 1460.8 %².
In DIBS's tracked universe of 11 assets, SMRT sits right near the top at #1. The last year tells two different stories: DIBS led by 67.4 percentage points, +59.9% for DIBS against -7.5% for SMRT.
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.
DIBS vs SMRT: side by side
| DIBS (1stdibs.com, Inc.) | SMRT (SmartRent, Inc.) | |
|---|---|---|
| 1-year return | +59.9% | -7.5% |
| 5-year return | -74.0% | -89.1% |
| Volatility (ann.) | 47.7% | 66.0% |
| Beta vs S&P 500 | 0.59 | 1.68 |
| Max drawdown (3Y) | -61.3% | -79.4% |
| Market cap | $0.1B | $0.3B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DIBS | SMRT |
|---|---|---|
| 2022 | -59.4% | -74.9% |
| 2023 | -7.9% | +31.3% |
| 2024 | -24.4% | -45.1% |
| 2025 | +69.2% | +15.4% |
| 2026 | -27.4% | -32.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DIBS and SMRT good diversifiers for each other?
A fair diversifier. At 0.46, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between DIBS and SMRT?
As of 2026-08-27, the correlation of weekly returns between DIBS and SMRT is 0.46 over 3 years, 0.64 over 1 year and 0.42 over 5 years.
Is SMRT a good diversifier for DIBS?
A fair diversifier. At 0.46, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.46 mean?
A reading of 0.46 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/dibs-vs-smrt.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/dibs-vs-smrt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: DIBS correlations · SMRT correlations
