DXYZ vs GJR: Correlation
Destiny Tech100 Inc. (DXYZ) and Synthetic Fixed-Income Securities, Inc. STRATS Trust for (GJR) show a negative relationship: their 3-year correlation of weekly returns is -0.22.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DXYZ and GJR?
On 3 years of weekly data the DXYZ/GJR correlation comes out at -0.22, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.16 lands near the 3-year figure. The 5-year figure is n/a, and annualized covariance runs at -320.8 %².
By 3-year correlation, GJR places #22 of the 32 assets tracked against DXYZ. Correlation aside, the last 12 months split them widely, with DXYZ ahead by 22.0 points (+24.9% versus +2.9%). Note the risk asymmetry: DXYZ runs 24.9 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.
DXYZ vs GJR: side by side
| DXYZ (Destiny Tech100 Inc.) | GJR (Synthetic Fixed-Income Securities, Inc. STRATS Trust for) | |
|---|---|---|
| 1-year return | +24.9% | +2.9% |
| 5-year return | n/a | +39.3% |
| Volatility (ann.) | 201.3% | 8.1% |
| Beta vs S&P 500 | 3.94 | 0.01 |
| Max drawdown (3Y) | -90.3% | -4.4% |
| Market cap | $1.1B | – |
| P/E (trailing) | 9.8 | – |
| Dividend yield | 0.00% | – |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DXYZ | GJR |
|---|---|---|
| 2022 | – | +9.2% |
| 2023 | – | +11.4% |
| 2024 | – | +3.9% |
| 2025 | -48.0% | +4.6% |
| 2026 | +15.6% | +2.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DXYZ and GJR good diversifiers for each other?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
FAQ
What is the correlation between DXYZ and GJR?
Using weekly returns as of 2026-08-27: -0.22 over 3 years, with -0.16 over the last year and n/a over 5 years.
Is GJR a good diversifier for DXYZ?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
What does a correlation of -0.22 mean?
On the −1 to +1 scale, -0.22 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/dxyz-vs-gjr.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/dxyz-vs-gjr/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: DXYZ correlations · GJR correlations
