DPG vs EQIX: Correlation
Duff & Phelps Utility and Infrastructure Fund Inc. (DPG) and Equinix (EQIX) show a moderate relationship: their 3-year correlation of weekly returns is 0.44.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DPG and EQIX?
Over the past 3 years, DPG and EQIX moved with a correlation of 0.44, which is moderate. Recent behaviour matches the longer record: 0.42 over 1 year against 0.44 over 3. Over 5 years the correlation is 0.39, and the annualized covariance of weekly returns is 190.1 %².
Among the 30 assets we track against DPG, EQIX ranks #23 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months EQIX outperformed by 17.8 percentage points (+21.3% for DPG against +39.1% for EQIX).
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.
DPG vs EQIX: side by side
| DPG (Duff & Phelps Utility and Infrastructure Fund Inc.) | EQIX (Equinix) | |
|---|---|---|
| 1-year return | +21.3% | +39.1% |
| 5-year return | +54.4% | +41.6% |
| Volatility (ann.) | 17.8% | 24.4% |
| Beta vs S&P 500 | 0.36 | 0.63 |
| Max drawdown (3Y) | -14.2% | -24.6% |
| Market cap | $0.5B | $106.2B |
| P/E (trailing) | 3.4 | 69.4 |
| Dividend yield | 0.00% | 1.82% |
| Sector / category | US Listed | Real Estate |
Year-by-year returns
| Year | DPG | EQIX |
|---|---|---|
| 2022 | +3.1% | -21.1% |
| 2023 | -25.1% | +25.4% |
| 2024 | +38.2% | +19.5% |
| 2025 | +16.3% | -16.9% |
| 2026 | +19.5% | +42.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DPG and EQIX good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.44 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between DPG and EQIX?
Using weekly returns as of 2026-08-27: 0.44 over 3 years, with 0.42 over the last year and 0.39 over 5 years.
Is EQIX a good diversifier for DPG?
Yes, to a useful degree: a correlation of 0.44 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.44 mean?
A reading of 0.44 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/dpg-vs-eqix.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/dpg-vs-eqix/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: DPG correlations · EQIX correlations
