DTST vs SMR: Correlation
How closely do Data Storage Corporation (DTST) and NuScale Power Corporation (SMR) trade together? Their weekly returns over three years give a correlation of 0.39, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DTST and SMR?
Across a 3-year window, the weekly returns of DTST and SMR correlate at 0.39, moderate. The past 12 months show a weaker link (0.15) than the 3-year average (0.39). Stretching to 5 years gives 0.33, with an annualized covariance of 2654.1 %².
Few assets follow DTST as closely as SMR, which ranks #3 of 12 tracked partners. Correlation aside, the last 12 months split them widely, with DTST ahead by 37.4 points (-34.9% versus -72.3%). One caveat on sizing: SMR is 2.1 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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 SMR: side by side
| DTST (Data Storage Corporation) | SMR (NuScale Power Corporation) | |
|---|---|---|
| 1-year return | -34.9% | -72.3% |
| 5-year return | -30.6% | -3.2% |
| Volatility (ann.) | 57.3% | 119.8% |
| Beta vs S&P 500 | 1.33 | 3.28 |
| Max drawdown (3Y) | -62.7% | -85.8% |
| Market cap | – | $4.0B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DTST | SMR |
|---|---|---|
| 2022 | -51.6% | – |
| 2023 | +94.6% | -67.9% |
| 2024 | +46.9% | +445.0% |
| 2025 | +21.0% | -21.0% |
| 2026 | -41.6% | -31.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DTST and SMR good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.39 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between DTST and SMR?
As of 2026-08-27, the correlation of weekly returns between DTST and SMR is 0.39 over 3 years, 0.15 over 1 year and 0.33 over 5 years.
Is SMR a good diversifier for DTST?
Yes, to a useful degree: a correlation of 0.39 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.39 mean?
A reading of 0.39 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 · SMR correlations
