DRTS vs SDEV: Correlation
Alpha Tau Medical Ltd. (DRTS) and Stablecoin Development Corporation (SDEV) show a moderate relationship: their 3-year correlation of weekly returns is 0.41.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DRTS and SDEV?
On 3 years of weekly data the DRTS/SDEV correlation comes out at 0.41, moderate. The past 12 months show a tighter link (0.55) than the 3-year average (0.41). The 5-year figure is 0.28, and annualized covariance runs at 5241.4 %².
SDEV is one of the assets that tracks DRTS most closely: it ranks #2 out of the 10 assets we track against DRTS. Correlation aside, the last 12 months split them widely, with DRTS ahead by 420.4 points (+339.5% versus -80.9%). Note the risk asymmetry: SDEV runs 3.8 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.
DRTS vs SDEV: side by side
| DRTS (Alpha Tau Medical Ltd.) | SDEV (Stablecoin Development Corporation) | |
|---|---|---|
| 1-year return | +339.5% | -80.9% |
| 5-year return | +50.5% | -100.0% |
| Volatility (ann.) | 58.3% | 222.1% |
| Beta vs S&P 500 | 0.85 | 1.75 |
| Max drawdown (3Y) | -48.3% | -99.0% |
| Market cap | $1.4B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DRTS | SDEV |
|---|---|---|
| 2022 | -67.6% | -85.3% |
| 2023 | -5.3% | -89.7% |
| 2024 | +3.0% | -91.4% |
| 2025 | +59.7% | +1322.1% |
| 2026 | +199.2% | -96.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DRTS and SDEV good diversifiers for each other?
Reasonably. At 0.41, DRTS and SDEV keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between DRTS and SDEV?
Using weekly returns as of 2026-08-27: 0.41 over 3 years, with 0.55 over the last year and 0.28 over 5 years.
Is SDEV a good diversifier for DRTS?
Reasonably. At 0.41, DRTS and SDEV keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.41 mean?
On the −1 to +1 scale, 0.41 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: DRTS correlations · SDEV correlations
