PDCC vs WT: Correlation
Pearl Diver Credit Company Inc. (PDCC) and WisdomTree, Inc. (WT) show a moderate relationship: their 3-year correlation of weekly returns is 0.37.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PDCC and WT?
On 3 years of weekly data the PDCC/WT correlation comes out at 0.37, moderate. The relationship has been stable: the 1-year correlation (0.45) sits close to the 3-year figure. The 5-year figure is n/a, and annualized covariance runs at 362.6 %².
In PDCC's tracked universe of 18 assets, WT sits right near the top at #1. Their recent paths diverged sharply: over the last 12 months WT outperformed by 124.7 percentage points (-38.0% for PDCC against +86.7% for WT).
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.
PDCC vs WT: side by side
| PDCC (Pearl Diver Credit Company Inc.) | WT (WisdomTree, Inc.) | |
|---|---|---|
| 1-year return | -38.0% | +86.7% |
| 5-year return | n/a | +330.3% |
| Volatility (ann.) | 26.4% | 34.2% |
| Beta vs S&P 500 | 0.17 | 1.17 |
| Max drawdown (3Y) | -47.3% | -36.9% |
| Market cap | $0.1B | $3.8B |
| P/E (trailing) | – | 44.7 |
| Dividend yield | 0.00% | 0.48% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | PDCC | WT |
|---|---|---|
| 2022 | – | -8.9% |
| 2023 | – | +29.6% |
| 2024 | – | +53.5% |
| 2025 | -20.9% | +17.4% |
| 2026 | -27.7% | +106.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PDCC and WT good diversifiers for each other?
Reasonably. At 0.37, PDCC and WT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between PDCC and WT?
Using weekly returns as of 2026-08-27: 0.37 over 3 years, with 0.45 over the last year and n/a over 5 years.
Is WT a good diversifier for PDCC?
Reasonably. At 0.37, PDCC and WT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.37 mean?
On the −1 to +1 scale, 0.37 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/pdcc-vs-wt.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/pdcc-vs-wt/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: PDCC correlations · WT correlations
