DJT vs IBIO: Correlation
How closely do Trump Media & Technology Group Corp. (DJT) and iBio, Inc. (IBIO) trade together? Their weekly returns over three years give a correlation of 0.38, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DJT and IBIO?
Across a 3-year window, the weekly returns of DJT and IBIO correlate at 0.38, moderate. The link has loosened recently: the 1-year correlation (0.11) runs below the 3-year figure (0.38). Stretching to 5 years gives 0.04, with an annualized covariance of 7570.1 %².
In DJT's tracked universe of 11 assets, IBIO sits right near the top at #2. The last year tells two different stories: IBIO led by 118.3 percentage points, -45.5% for DJT against +72.8% for IBIO. One caveat on sizing: IBIO is 1.9 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.
DJT vs IBIO: side by side
| DJT (Trump Media & Technology Group Corp.) | IBIO (iBio, Inc.) | |
|---|---|---|
| 1-year return | -45.5% | +72.8% |
| 5-year return | -1.8% | -99.8% |
| Volatility (ann.) | 100.8% | 196.4% |
| Beta vs S&P 500 | 1.54 | 1.36 |
| Max drawdown (3Y) | -89.3% | -92.9% |
| Market cap | $2.7B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DJT | IBIO |
|---|---|---|
| 2022 | -70.8% | -96.8% |
| 2023 | +16.7% | -84.4% |
| 2024 | +94.9% | +78.8% |
| 2025 | -61.2% | -21.2% |
| 2026 | -26.2% | -27.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DJT and IBIO good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.38 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between DJT and IBIO?
The DJT/IBIO correlation stands at 0.38 on a 3-year window (1 year: 0.11, 5 years: 0.04), computed from weekly returns as of 2026-08-27.
Is IBIO a good diversifier for DJT?
Yes, to a useful degree: a correlation of 0.38 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.38 mean?
On the −1 to +1 scale, 0.38 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/djt-vs-ibio.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/djt-vs-ibio/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: DJT correlations · IBIO correlations
