DRCT vs SES: Correlation
Direct Digital Holdings, Inc. (DRCT) and SES AI Corporation (SES) show a strong relationship: their 3-year correlation of weekly returns is 0.76.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DRCT and SES?
Across a 3-year window, the weekly returns of DRCT and SES correlate at 0.76, strong. The past 12 months show a weaker link (0.03) than the 3-year average (0.76). Stretching to 5 years gives 0.72, with an annualized covariance of 58666.3 %².
Few assets follow DRCT as closely as SES, which ranks #1 of 15 tracked partners. Correlation aside, the last 12 months split them widely, with SES ahead by 46.6 points (-97.6% versus -51.0%).
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.
DRCT vs SES: side by side
| DRCT (Direct Digital Holdings, Inc.) | SES (SES AI Corporation) | |
|---|---|---|
| 1-year return | -97.6% | -51.0% |
| 5-year return | -99.7% | -94.5% |
| Volatility (ann.) | 263.7% | 294.5% |
| Beta vs S&P 500 | 1.38 | 2.43 |
| Max drawdown (3Y) | -100.0% | -89.7% |
| Market cap | – | $0.2B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DRCT | SES |
|---|---|---|
| 2022 | – | -68.3% |
| 2023 | +513.6% | -41.9% |
| 2024 | -89.3% | +19.7% |
| 2025 | -96.0% | -17.8% |
| 2026 | -83.6% | -69.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DRCT and SES good diversifiers for each other?
To a limited degree. At 0.76 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between DRCT and SES?
The DRCT/SES correlation stands at 0.76 on a 3-year window (1 year: 0.03, 5 years: 0.72), computed from weekly returns as of 2026-08-27.
Is SES a good diversifier for DRCT?
To a limited degree. At 0.76 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.76 mean?
On the −1 to +1 scale, 0.76 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/drct-vs-ses.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/drct-vs-ses/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: DRCT correlations · SES correlations
