DLR vs JXG: Correlation
How closely do Digital Realty (DLR) and JX Luxventure Group Inc. (JXG) trade together? Their weekly returns over three years give a correlation of -0.19, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DLR and JXG?
On 3 years of weekly data the DLR/JXG correlation comes out at -0.19, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.18 lands near the 3-year figure. The 5-year figure is -0.12, and annualized covariance runs at -871.6 %².
Among the 30 assets we track against DLR, JXG ranks #23 by 3-year correlation. Correlation aside, the last 12 months split them widely, with DLR ahead by 58.2 points (+16.4% versus -41.8%). One caveat on sizing: JXG is 6.2 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.
DLR vs JXG: side by side
| DLR (Digital Realty) | JXG (JX Luxventure Group Inc.) | |
|---|---|---|
| 1-year return | +16.4% | -41.8% |
| 5-year return | +40.3% | -98.5% |
| Volatility (ann.) | 27.1% | 167.5% |
| Beta vs S&P 500 | 0.73 | -0.19 |
| Max drawdown (3Y) | -29.4% | -94.0% |
| Market cap | $72.5B | $0.1B |
| P/E (trailing) | 94.2 | – |
| Dividend yield | 2.52% | 0.00% |
| Sector / category | Real Estate | US Listed |
Year-by-year returns
| Year | DLR | JXG |
|---|---|---|
| 2022 | -41.0% | -63.7% |
| 2023 | +39.9% | -83.8% |
| 2024 | +35.9% | -19.5% |
| 2025 | -10.1% | -62.6% |
| 2026 | +25.8% | +48.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DLR and JXG good diversifiers for each other?
By historical standards, yes. A correlation of -0.19 means the two rarely move for the same reasons.
FAQ
What is the correlation between DLR and JXG?
As of 2026-08-27, the correlation of weekly returns between DLR and JXG is -0.19 over 3 years, -0.18 over 1 year and -0.12 over 5 years.
Is JXG a good diversifier for DLR?
By historical standards, yes. A correlation of -0.19 means the two rarely move for the same reasons.
What does a correlation of -0.19 mean?
A reading of -0.19 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/dlr-vs-jxg.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/dlr-vs-jxg/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: DLR correlations · JXG correlations
