DRCT vs WIMI: Correlation
Measured on weekly returns over the past three years, Direct Digital Holdings, Inc. (DRCT) and WiMi Hologram Cloud Inc. - Class B (WIMI) carry a correlation of 0.54, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DRCT and WIMI?
Across a 3-year window, the weekly returns of DRCT and WIMI correlate at 0.54, moderate. The link has loosened recently: the 1-year correlation (0.09) runs below the 3-year figure (0.54). Stretching to 5 years gives 0.47, with an annualized covariance of 17241.0 %².
Among the 15 assets we track against DRCT, WIMI ranks #8 by 3-year correlation. The last year tells two different stories: WIMI led by 32.7 percentage points, -97.6% for DRCT against -64.9% for WIMI. One caveat on sizing: DRCT is 2.2 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.
DRCT vs WIMI: side by side
| DRCT (Direct Digital Holdings, Inc.) | WIMI (WiMi Hologram Cloud Inc. - Class B) | |
|---|---|---|
| 1-year return | -97.6% | -64.9% |
| 5-year return | -99.7% | -96.7% |
| Volatility (ann.) | 263.7% | 121.5% |
| Beta vs S&P 500 | 1.38 | 1.79 |
| Max drawdown (3Y) | -100.0% | -95.3% |
| Market cap | – | – |
| P/E (trailing) | – | 0.6 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DRCT | WIMI |
|---|---|---|
| 2022 | – | -75.7% |
| 2023 | +513.6% | +9.5% |
| 2024 | -89.3% | +128.4% |
| 2025 | -96.0% | -87.2% |
| 2026 | -83.6% | -42.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DRCT and WIMI good diversifiers for each other?
Somewhat, no more. With 0.54 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between DRCT and WIMI?
Using weekly returns as of 2026-08-27: 0.54 over 3 years, with 0.09 over the last year and 0.47 over 5 years.
Is WIMI a good diversifier for DRCT?
Somewhat, no more. With 0.54 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.54 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/drct-vs-wimi.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/drct-vs-wimi/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: DRCT correlations · WIMI correlations
