DSU vs VELO: Correlation
Measured on weekly returns over the past three years, Blackrock Debt Strategies Fund, Inc. (DSU) and Velo3D, Inc. (VELO) carry a correlation of -0.32, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DSU and VELO?
On 3 years of weekly data the DSU/VELO correlation comes out at -0.32, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (0.08) runs above the 3-year figure (-0.32). The 5-year figure is -0.14, and annualized covariance runs at -751.9 %².
VELO is close to the least connected end of DSU's tracked universe, ranking #9 of 12. The last year tells two different stories: VELO led by 182.1 percentage points, -0.2% for DSU against +181.9% for VELO. Note the risk asymmetry: VELO runs 26.8 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.
DSU vs VELO: side by side
| DSU (Blackrock Debt Strategies Fund, Inc.) | VELO (Velo3D, Inc.) | |
|---|---|---|
| 1-year return | -0.2% | +181.9% |
| 5-year return | +35.2% | -99.8% |
| Volatility (ann.) | 9.3% | 249.0% |
| Beta vs S&P 500 | 0.41 | -2.66 |
| Max drawdown (3Y) | -14.6% | -99.8% |
| Market cap | $0.6B | $0.4B |
| P/E (trailing) | 13.6 | – |
| Dividend yield | 12.59% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DSU | VELO |
|---|---|---|
| 2022 | -15.5% | -77.1% |
| 2023 | +30.4% | -77.8% |
| 2024 | +11.2% | -95.2% |
| 2025 | +6.0% | +35.7% |
| 2026 | +0.1% | -6.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DSU and VELO good diversifiers for each other?
Yes. With a correlation of -0.32, DSU and VELO have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between DSU and VELO?
The DSU/VELO correlation stands at -0.32 on a 3-year window (1 year: 0.08, 5 years: -0.14), computed from weekly returns as of 2026-08-27.
Is VELO a good diversifier for DSU?
Yes. With a correlation of -0.32, DSU and VELO have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.32 mean?
A reading of -0.32 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/dsu-vs-velo.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/dsu-vs-velo/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: DSU correlations · VELO correlations
