DXYZ vs XXII: Correlation
How closely do Destiny Tech100 Inc. (DXYZ) and 22nd Century Group, Inc (XXII) trade together? Their weekly returns over three years give a correlation of 0.38, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DXYZ and XXII?
Over the past 3 years, DXYZ and XXII moved with a correlation of 0.38, which is moderate. The past 12 months show a weaker link (-0.04) than the 3-year average (0.38). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 9746.8 %².
Within DXYZ's tracked universe of 32 assets, XXII comes in at #13 by 3-year correlation. Correlation aside, the last 12 months split them widely, with DXYZ ahead by 124.3 points (+24.9% versus -99.4%). Note the risk asymmetry: DXYZ runs 1.7 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 XXII: side by side
| DXYZ (Destiny Tech100 Inc.) | XXII (22nd Century Group, Inc) | |
|---|---|---|
| 1-year return | +24.9% | -99.4% |
| 5-year return | n/a | -100.0% |
| Volatility (ann.) | 201.3% | 119.0% |
| Beta vs S&P 500 | 3.94 | 2.06 |
| Max drawdown (3Y) | -90.3% | -100.0% |
| Market cap | $1.1B | – |
| P/E (trailing) | 9.8 | 0.0 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DXYZ | XXII |
|---|---|---|
| 2022 | – | -70.2% |
| 2023 | – | -98.7% |
| 2024 | – | -98.7% |
| 2025 | -48.0% | -99.4% |
| 2026 | +15.6% | -98.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DXYZ and XXII good diversifiers for each other?
Reasonably. At 0.38, DXYZ and XXII keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between DXYZ and XXII?
The DXYZ/XXII correlation stands at 0.38 on a 3-year window (1 year: -0.04, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is XXII a good diversifier for DXYZ?
Reasonably. At 0.38, DXYZ and XXII keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.38 mean?
A reading of 0.38 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-xxii.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/dxyz-vs-xxii/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: DXYZ correlations · XXII correlations
