DLB vs GCT: Correlation
Dolby Laboratories (DLB) and GigaCloud Technology Inc - Class A (GCT) show a moderate relationship: their 3-year correlation of weekly returns is 0.40.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DLB and GCT?
Over the past 3 years, DLB and GCT moved with a correlation of 0.40, which is moderate. Little has changed lately, as the 1-year reading of 0.44 lands near the 3-year figure. Over 5 years the correlation is 0.38, and the annualized covariance of weekly returns is 881.7 %².
Among the 12 assets we track against DLB, GCT sits near the bottom by co-movement, at rank #8. Correlation aside, the last 12 months split them widely, with GCT ahead by 107.5 points (-12.3% versus +95.2%). One caveat on sizing: GCT is 3.3 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.
DLB vs GCT: side by side
| DLB (Dolby Laboratories) | GCT (GigaCloud Technology Inc - Class A) | |
|---|---|---|
| 1-year return | -12.3% | +95.2% |
| 5-year return | -31.8% | n/a |
| Volatility (ann.) | 26.0% | 85.6% |
| Beta vs S&P 500 | 0.78 | 1.87 |
| Max drawdown (3Y) | -43.2% | -73.2% |
| Market cap | $5.8B | $1.8B |
| P/E (trailing) | 27.6 | 12.4 |
| Dividend yield | 2.22% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DLB | GCT |
|---|---|---|
| 2022 | -24.9% | – |
| 2023 | +23.8% | +221.5% |
| 2024 | -7.9% | +1.2% |
| 2025 | -16.3% | +112.1% |
| 2026 | -1.1% | +31.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DLB and GCT good diversifiers for each other?
Reasonably. At 0.40, DLB and GCT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between DLB and GCT?
Using weekly returns as of 2026-08-27: 0.40 over 3 years, with 0.44 over the last year and 0.38 over 5 years.
Is GCT a good diversifier for DLB?
Reasonably. At 0.40, DLB and GCT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.40 mean?
A reading of 0.40 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/dlb-vs-gct.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/dlb-vs-gct/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: DLB correlations · GCT correlations
