DXYZ vs SPPL: Correlation
Measured on weekly returns over the past three years, Destiny Tech100 Inc. (DXYZ) and SIMPPLE LTD. (SPPL) carry a correlation of 0.56, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DXYZ and SPPL?
Over the past 3 years, DXYZ and SPPL moved with a correlation of 0.56, which is moderate. Lately the two have drifted apart, with the 1-year correlation at 0.08 versus 0.56 over 3 years. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 19432.1 %².
In DXYZ's tracked universe of 32 assets, SPPL sits right near the top at #3. The last year tells two different stories: DXYZ led by 55.9 percentage points, +24.9% for DXYZ against -31.0% for SPPL.
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 SPPL: side by side
| DXYZ (Destiny Tech100 Inc.) | SPPL (SIMPPLE LTD.) | |
|---|---|---|
| 1-year return | +24.9% | -31.0% |
| 5-year return | n/a | n/a |
| Volatility (ann.) | 201.3% | 172.3% |
| Beta vs S&P 500 | 3.94 | 3.00 |
| Max drawdown (3Y) | -90.3% | -97.6% |
| 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 | SPPL |
|---|---|---|
| 2024 | – | -83.1% |
| 2025 | -48.0% | -46.9% |
| 2026 | +15.6% | -49.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DXYZ and SPPL good diversifiers for each other?
Somewhat, no more. With 0.56 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between DXYZ and SPPL?
Using weekly returns as of 2026-08-27: 0.56 over 3 years, with 0.08 over the last year and n/a over 5 years.
Is SPPL a good diversifier for DXYZ?
Somewhat, no more. With 0.56 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.56 mean?
On the −1 to +1 scale, 0.56 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-sppl.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/dxyz-vs-sppl/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: DXYZ correlations · SPPL correlations
