DXYZ vs SBFM: Correlation
Destiny Tech100 Inc. (DXYZ) and Sunshine Biopharma Inc. (SBFM) show a moderate relationship: their 3-year correlation of weekly returns is 0.35.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DXYZ and SBFM?
Over the past 3 years, DXYZ and SBFM moved with a correlation of 0.35, which is moderate. Little has changed lately, as the 1-year reading of 0.39 lands near the 3-year figure. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 9126.7 %².
Within DXYZ's tracked universe of 32 assets, SBFM comes in at #15 by 3-year correlation. Correlation aside, the last 12 months split them widely, with DXYZ ahead by 116.3 points (+24.9% versus -91.4%). Risk is not evenly split, since DXYZ carries 1.6 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.
DXYZ vs SBFM: side by side
| DXYZ (Destiny Tech100 Inc.) | SBFM (Sunshine Biopharma Inc.) | |
|---|---|---|
| 1-year return | +24.9% | -91.4% |
| 5-year return | n/a | -100.0% |
| Volatility (ann.) | 201.3% | 123.8% |
| Beta vs S&P 500 | 3.94 | 1.40 |
| Max drawdown (3Y) | -90.3% | -100.0% |
| Market cap | $1.1B | – |
| P/E (trailing) | 9.8 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DXYZ | SBFM |
|---|---|---|
| 2023 | – | -57.5% |
| 2024 | – | -99.4% |
| 2025 | -48.0% | -59.0% |
| 2026 | +15.6% | -89.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DXYZ and SBFM good diversifiers for each other?
A fair diversifier. At 0.35, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between DXYZ and SBFM?
As of 2026-08-27, the correlation of weekly returns between DXYZ and SBFM is 0.35 over 3 years, 0.39 over 1 year and n/a over 5 years.
Is SBFM a good diversifier for DXYZ?
A fair diversifier. At 0.35, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.35 mean?
A reading of 0.35 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/dxyz-vs-sbfm.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/dxyz-vs-sbfm/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: DXYZ correlations · SBFM correlations
