DOUG vs SUPX: Correlation
Measured on weekly returns over the past three years, Douglas Elliman Inc. (DOUG) and SuperX AI Technology Limited (SUPX) carry a correlation of -0.15, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DOUG and SUPX?
Over the past 3 years, DOUG and SUPX moved with a correlation of -0.15, which is negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.06 over 1 year against -0.15 over 3. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -1365.0 %².
Out of 13 assets tracked against DOUG, SUPX lands near the bottom at #11. Their recent paths diverged sharply: over the last 12 months DOUG outperformed by 46.9 percentage points (-30.1% for DOUG against -77.0% for SUPX). One caveat on sizing: SUPX is 1.5 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.
DOUG vs SUPX: side by side
| DOUG (Douglas Elliman Inc.) | SUPX (SuperX AI Technology Limited) | |
|---|---|---|
| 1-year return | -30.1% | -77.0% |
| 5-year return | -83.0% | n/a |
| Volatility (ann.) | 76.4% | 115.6% |
| Beta vs S&P 500 | 0.95 | 0.01 |
| Max drawdown (3Y) | -66.5% | -92.3% |
| Market cap | $0.2B | $0.4B |
| P/E (trailing) | 6.4 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DOUG | SUPX |
|---|---|---|
| 2022 | -63.2% | – |
| 2023 | -22.6% | – |
| 2024 | -43.4% | – |
| 2025 | +41.9% | +318.1% |
| 2026 | -21.5% | -37.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DOUG and SUPX good diversifiers for each other?
Yes. With a correlation of -0.15, DOUG and SUPX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between DOUG and SUPX?
The DOUG/SUPX correlation stands at -0.15 on a 3-year window (1 year: -0.06, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is SUPX a good diversifier for DOUG?
Yes. With a correlation of -0.15, DOUG and SUPX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.15 mean?
A reading of -0.15 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/doug-vs-supx.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/doug-vs-supx/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: DOUG correlations · SUPX correlations