DTST vs ETN: Correlation
Data Storage Corporation (DTST) and Eaton Corporation (ETN) 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 DTST and ETN?
Across a 3-year window, the weekly returns of DTST and ETN correlate at 0.41, moderate. The link has loosened recently: the 1-year correlation (0.13) runs below the 3-year figure (0.41). Stretching to 5 years gives 0.29, with an annualized covariance of 705.8 %².
Few assets follow DTST as closely as ETN, which ranks #2 of 12 tracked partners. Correlation aside, the last 12 months split them widely, with ETN ahead by 54.6 points (-34.9% versus +19.7%). Note the risk asymmetry: DTST runs 1.9 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.
DTST vs ETN: side by side
| DTST (Data Storage Corporation) | ETN (Eaton Corporation) | |
|---|---|---|
| 1-year return | -34.9% | +19.7% |
| 5-year return | -30.6% | +164.1% |
| Volatility (ann.) | 57.3% | 30.2% |
| Beta vs S&P 500 | 1.33 | 1.33 |
| Max drawdown (3Y) | -62.7% | -34.5% |
| Market cap | – | $161.6B |
| P/E (trailing) | – | 42.4 |
| Dividend yield | 0.00% | 1.02% |
| Sector / category | US Listed | Industrials |
Year-by-year returns
| Year | DTST | ETN |
|---|---|---|
| 2022 | -51.6% | -7.2% |
| 2023 | +94.6% | +56.2% |
| 2024 | +46.9% | +39.5% |
| 2025 | +21.0% | -2.8% |
| 2026 | -41.6% | +31.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DTST and ETN good diversifiers for each other?
A fair diversifier. At 0.41, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between DTST and ETN?
The DTST/ETN correlation stands at 0.41 on a 3-year window (1 year: 0.13, 5 years: 0.29), computed from weekly returns as of 2026-08-27.
Is ETN a good diversifier for DTST?
A fair diversifier. At 0.41, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.41 mean?
A reading of 0.41 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
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Related comparisons
Hubs: DTST correlations · ETN correlations
