DSGN vs IDAI: Correlation
How closely do Design Therapeutics, Inc. (DSGN) and T Stamp Inc. (IDAI) trade together? Their weekly returns over three years give a correlation of -0.22, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DSGN and IDAI?
Over the past 3 years, DSGN and IDAI moved with a correlation of -0.22, which is negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (0.21) runs above the 3-year figure (-0.22). Over 5 years the correlation is -0.16, and the annualized covariance of weekly returns is -8167.7 %².
Out of 11 assets tracked against DSGN, IDAI lands near the bottom at #9. Correlation aside, the last 12 months split them widely, with DSGN ahead by 172.8 points (+188.3% versus +15.5%). Note the risk asymmetry: IDAI runs 7.0 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.
DSGN vs IDAI: side by side
| DSGN (Design Therapeutics, Inc.) | IDAI (T Stamp Inc.) | |
|---|---|---|
| 1-year return | +188.3% | +15.5% |
| 5-year return | +0.7% | -76.5% |
| Volatility (ann.) | 72.7% | 505.7% |
| Beta vs S&P 500 | 1.35 | -1.01 |
| Max drawdown (3Y) | -62.8% | -92.9% |
| Market cap | $1.0B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DSGN | IDAI |
|---|---|---|
| 2022 | -52.1% | -88.0% |
| 2023 | -74.2% | -43.0% |
| 2024 | +132.8% | -35.5% |
| 2025 | +52.0% | +342.8% |
| 2026 | +62.6% | -14.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DSGN and IDAI good diversifiers for each other?
Yes: at -0.22, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between DSGN and IDAI?
The DSGN/IDAI correlation stands at -0.22 on a 3-year window (1 year: 0.21, 5 years: -0.16), computed from weekly returns as of 2026-08-27.
Is IDAI a good diversifier for DSGN?
Yes: at -0.22, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.22 mean?
On the −1 to +1 scale, -0.22 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: DSGN correlations · IDAI correlations
