DTST vs FIP: Correlation
Measured on weekly returns over the past three years, Data Storage Corporation (DTST) and FTAI Infrastructure Inc. (FIP) carry a correlation of 0.38, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DTST and FIP?
Across a 3-year window, the weekly returns of DTST and FIP correlate at 0.38, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.15 versus 0.38 over 3 years. Stretching to 5 years gives 0.31, with an annualized covariance of 1236.7 %².
Among the 12 assets we track against DTST, FIP ranks #5 by 3-year correlation. Over the last 12 months FIP came out ahead by 7.4 percentage points (-34.9% against -27.5%).
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 FIP: side by side
| DTST (Data Storage Corporation) | FIP (FTAI Infrastructure Inc.) | |
|---|---|---|
| 1-year return | -34.9% | -27.5% |
| 5-year return | -30.6% | n/a |
| Volatility (ann.) | 57.3% | 56.6% |
| Beta vs S&P 500 | 1.33 | 1.48 |
| Max drawdown (3Y) | -62.7% | -68.0% |
| Market cap | – | $0.4B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 3.22% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DTST | FIP |
|---|---|---|
| 2022 | -51.6% | – |
| 2023 | +94.6% | +36.9% |
| 2024 | +46.9% | +89.5% |
| 2025 | +21.0% | -34.9% |
| 2026 | -41.6% | -19.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DTST and FIP good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.38 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between DTST and FIP?
Using weekly returns as of 2026-08-27: 0.38 over 3 years, with 0.15 over the last year and 0.31 over 5 years.
Is FIP a good diversifier for DTST?
Yes, to a useful degree: a correlation of 0.38 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.38 mean?
On the −1 to +1 scale, 0.38 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: DTST correlations · FIP correlations
