DOMH vs NIVF: Correlation
How closely do Dominari Holdings Inc. (DOMH) and NewGenIvf Group Limited - Class A (NIVF) trade together? Their weekly returns over three years give a correlation of 0.84, which is very strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DOMH and NIVF?
Over the past 3 years, DOMH and NIVF moved with a correlation of 0.84, which is very strong, meaning they move nearly in lockstep. Lately the two have drifted apart, with the 1-year correlation at 0.23 versus 0.84 over 3 years. Over 5 years the correlation is 0.82, and the annualized covariance of weekly returns is 122250.0 %².
NIVF is one of the assets that tracks DOMH most closely: it ranks #2 out of the 23 assets we track against DOMH. The last year tells two different stories: DOMH led by 47.6 percentage points, -52.3% for DOMH against -99.9% for NIVF. Note the risk asymmetry: NIVF runs 4.4 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
DOMH vs NIVF: side by side
| DOMH (Dominari Holdings Inc.) | NIVF (NewGenIvf Group Limited - Class A) | |
|---|---|---|
| 1-year return | -52.3% | -99.9% |
| 5-year return | -76.1% | -100.0% |
| Volatility (ann.) | 181.7% | 800.3% |
| Beta vs S&P 500 | 2.30 | 5.34 |
| Max drawdown (3Y) | -77.9% | -100.0% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | 0.0 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DOMH | NIVF |
|---|---|---|
| 2022 | -67.3% | – |
| 2023 | -21.0% | +6.9% |
| 2024 | -62.2% | -96.3% |
| 2025 | +445.6% | -99.3% |
| 2026 | -40.0% | -98.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DOMH and NIVF good diversifiers for each other?
No: a correlation of 0.84 means DOMH and NIVF tend to fall together, which is precisely when diversification is supposed to help.
FAQ
What is the correlation between DOMH and NIVF?
Using weekly returns as of 2026-08-27: 0.84 over 3 years, with 0.23 over the last year and 0.82 over 5 years.
Is NIVF a good diversifier for DOMH?
No: a correlation of 0.84 means DOMH and NIVF tend to fall together, which is precisely when diversification is supposed to help.
What does a correlation of 0.84 mean?
On the −1 to +1 scale, 0.84 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.
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Related comparisons
Hubs: DOMH correlations · NIVF correlations
