DLPN vs IBB: Correlation
Measured on weekly returns over the past three years, Dolphin Entertainment, Inc. (DLPN) and iShares Biotechnology ETF (IBB) carry a correlation of 0.39, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DLPN and IBB?
Across a 3-year window, the weekly returns of DLPN and IBB correlate at 0.39, moderate. Little has changed lately, as the 1-year reading of 0.34 lands near the 3-year figure. Stretching to 5 years gives 0.35, with an annualized covariance of 437.6 %².
Within DLPN's tracked universe of 12 assets, IBB comes in at #4 by 3-year correlation. The last year tells two different stories: IBB led by 55.4 percentage points, +0.0% for DLPN against +55.4% for IBB. One caveat on sizing: DLPN is 2.6 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.
DLPN vs IBB: side by side
| DLPN (Dolphin Entertainment, Inc.) | IBB (iShares Biotechnology ETF) | |
|---|---|---|
| 1-year return | +0.0% | +55.4% |
| 5-year return | -95.5% | +26.6% |
| Volatility (ann.) | 54.2% | 20.7% |
| Beta vs S&P 500 | 1.10 | 0.81 |
| Max drawdown (3Y) | -78.8% | -24.9% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.22% |
| Expense ratio | – | 0.44% |
| Assets under management | – | $9.2B |
| Sector / category | US Listed | ETF · Thematic |
IBB, iShares's Health fund, carries $9.2B under management, 235 holdings, a 0.44% expense ratio, a 0.22% trailing dividend yield.
Year-by-year returns
| Year | DLPN | IBB |
|---|---|---|
| 2022 | -78.8% | -13.7% |
| 2023 | -5.5% | +3.8% |
| 2024 | -68.7% | -2.4% |
| 2025 | +45.8% | +28.0% |
| 2026 | -24.4% | +27.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DLPN and IBB good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.39 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between DLPN and IBB?
As of 2026-08-27, the correlation of weekly returns between DLPN and IBB is 0.39 over 3 years, 0.34 over 1 year and 0.35 over 5 years.
Is IBB a good diversifier for DLPN?
Yes, to a useful degree: a correlation of 0.39 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.39 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/dlpn-vs-ibb.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/dlpn-vs-ibb/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: DLPN correlations · IBB correlations
