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DMA correlations (Destra Multi-Alternative Fund)

Every correlation that matters for DMA: the assets it tracks, the ones that offset it, and where it sits among 4756 US stocks and ETFs.

Data as of 2026-08-27 · refreshed every trading day · US Listed

Volatility (ann.)

17.6%

3y weekly

Beta vs S&P 500

0.47

3y weekly

1-year return

-3.3%

price, adjusted

5-year return

+19.8%

price, adjusted

Market cap

$0.1B

latest

Max drawdown

-19.4%

3y, daily closes

DMA over the last 12 months, weekly closes indexed to 100 at the start.

Stocks and ETFs most correlated with DMA

Asset		Correlation (3Y)
DHF	BNY Mellon High Yield Strategies Fund	0.48
MFC	Manulife Financial Corporation	0.48
GDV	Gabelli Dividend & Income Trust	0.46
NIE	Virtus Equity & Convertible Income Fund	0.45
BLW	Blackrock Limited Duration Income Trust	0.45

The least-correlated liquid assets in our universe, meaning the ones that historically moved most independently from DMA.

Asset		Correlation (3Y)
VXZ	iPath Series B S&P 500 VIX Mid-Term Futures ETN	-0.38
VXX	iPath Series B S&P 500 VIX Short-Term Futures ETN	-0.36
FNGD	MicroSectors FANG Index -3X Inverse Leveraged ETNs due	-0.27

Free API · no key required

$ curl https://www.pairbook.io/api/v1/symbols/dma.json

Correlations, diversifiers, beta and volatility for DMA, plus one endpoint per pair. API documentation.