DSL vs RA: Correlation
How closely do DoubleLine Income Solutions Fund (DSL) and Brookfield Real Assets Income Fund Inc. (RA) trade together? Their weekly returns over three years give a correlation of 0.64, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DSL and RA?
On 3 years of weekly data the DSL/RA correlation comes out at 0.64, strong. Recent behaviour matches the longer record: 0.68 over 1 year against 0.64 over 3. The 5-year figure is 0.46, and annualized covariance runs at 69.0 %².
Within DSL's tracked universe of 30 assets, RA comes in at #19 by 3-year correlation. The trailing year gives RA the advantage: -3.7% versus +4.6%, a 8.3-point spread.
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.
DSL vs RA: side by side
| DSL (DoubleLine Income Solutions Fund) | RA (Brookfield Real Assets Income Fund Inc.) | |
|---|---|---|
| 1-year return | -3.7% | +4.6% |
| 5-year return | +5.8% | +3.5% |
| Volatility (ann.) | 12.2% | 8.8% |
| Beta vs S&P 500 | 0.49 | 0.32 |
| Max drawdown (3Y) | -13.5% | -27.7% |
| Market cap | $1.2B | $0.7B |
| P/E (trailing) | 33.2 | 11.3 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DSL | RA |
|---|---|---|
| 2022 | -22.6% | -13.5% |
| 2023 | +23.4% | -9.0% |
| 2024 | +14.0% | +15.9% |
| 2025 | -0.0% | +8.3% |
| 2026 | +2.1% | +4.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DSL and RA good diversifiers for each other?
Only partially. A correlation of 0.64 means DSL and RA share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between DSL and RA?
The DSL/RA correlation stands at 0.64 on a 3-year window (1 year: 0.68, 5 years: 0.46), computed from weekly returns as of 2026-08-27.
Is RA a good diversifier for DSL?
Only partially. A correlation of 0.64 means DSL and RA share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.64 mean?
A reading of 0.64 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/dsl-vs-ra.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/dsl-vs-ra/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: DSL correlations · RA correlations
