DVLT vs SPY: Correlation
How closely do Datavault AI Inc. (DVLT) and SPDR S&P 500 ETF Trust (SPY) trade together? Their weekly returns over three years give a correlation of 0.01, which is near-zero.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DVLT and SPY?
Across a 3-year window, the weekly returns of DVLT and SPY correlate at 0.01, near zero, meaning they move largely independently. The relationship has been stable: the 1-year correlation (-0.01) sits close to the 3-year figure. Stretching to 5 years gives 0.08, with an annualized covariance of 28.4 %².
SPY is close to the least connected end of DVLT's tracked universe, ranking #6 of 10. The last year tells two different stories: SPY led by 49.8 percentage points, -29.2% for DVLT against +20.6% for SPY. Risk is not evenly split, since DVLT carries 11.6 times the volatility of the other side.
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.
DVLT vs SPY: side by side
| DVLT (Datavault AI Inc.) | SPY (SPDR S&P 500 ETF Trust) | |
|---|---|---|
| 1-year return | -29.2% | +20.6% |
| 5-year return | -100.0% | +82.4% |
| Volatility (ann.) | 168.6% | 14.5% |
| Beta vs S&P 500 | 0.14 | 1.00 |
| Max drawdown (3Y) | -99.8% | -18.8% |
| Market cap | $0.3B | – |
| P/E (trailing) | 9.9 | – |
| Dividend yield | 0.00% | 1.01% |
| Expense ratio | – | 0.09% |
| Assets under management | – | $795.3B |
| Sector / category | US Listed | ETF · US Large Cap |
SPY is a Large Blend fund from State Street Investment Management: $795.3B under management, 504 holdings, a 0.09% expense ratio, a 1.01% trailing dividend yield.
Year-by-year returns
| Year | DVLT | SPY |
|---|---|---|
| 2022 | -92.1% | -18.2% |
| 2023 | -98.9% | +26.2% |
| 2024 | -88.6% | +24.9% |
| 2025 | -68.3% | +17.7% |
| 2026 | -54.3% | +13.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DVLT and SPY good diversifiers for each other?
By historical standards, yes. A correlation of 0.01 means the two rarely move for the same reasons.
FAQ
What is the correlation between DVLT and SPY?
The DVLT/SPY correlation stands at 0.01 on a 3-year window (1 year: -0.01, 5 years: 0.08), computed from weekly returns as of 2026-08-27.
Is SPY a good diversifier for DVLT?
By historical standards, yes. A correlation of 0.01 means the two rarely move for the same reasons.
What does a correlation of 0.01 mean?
On the −1 to +1 scale, 0.01 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/dvlt-vs-spy.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/dvlt-vs-spy/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: DVLT correlations · SPY correlations
