DLR vs GITS: Correlation
How closely do Digital Realty (DLR) and Global Interactive Technologies, Inc. (GITS) trade together? Their weekly returns over three years give a correlation of -0.20, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DLR and GITS?
Over the past 3 years, DLR and GITS moved with a correlation of -0.20, which is negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.06 versus -0.20 over 3 years. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -7320.1 %².
By 3-year correlation, GITS places #25 of the 30 assets tracked against DLR. The last year tells two different stories: DLR led by 38.5 percentage points, +16.4% for DLR against -22.1% for GITS. Risk is not evenly split, since GITS carries 49.9 times the volatility of the other side.
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.
DLR vs GITS: side by side
| DLR (Digital Realty) | GITS (Global Interactive Technologies, Inc.) | |
|---|---|---|
| 1-year return | +16.4% | -22.1% |
| 5-year return | +40.3% | n/a |
| Volatility (ann.) | 27.1% | 1352.0% |
| Beta vs S&P 500 | 0.73 | -3.91 |
| Max drawdown (3Y) | -29.4% | -98.4% |
| Market cap | $72.5B | – |
| P/E (trailing) | 94.2 | – |
| Dividend yield | 2.52% | 0.00% |
| Sector / category | Real Estate | US Listed |
Year-by-year returns
| Year | DLR | GITS |
|---|---|---|
| 2022 | -41.0% | – |
| 2023 | +39.9% | – |
| 2024 | +35.9% | -69.5% |
| 2025 | -10.1% | +186.6% |
| 2026 | +25.8% | +154.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DLR and GITS good diversifiers for each other?
Yes: at -0.20, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between DLR and GITS?
Using weekly returns as of 2026-08-27: -0.20 over 3 years, with 0.06 over the last year and n/a over 5 years.
Is GITS a good diversifier for DLR?
Yes: at -0.20, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.20 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/dlr-vs-gits.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/dlr-vs-gits/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: DLR correlations · GITS correlations
