ADBE vs ASAN: Correlation
Adobe Inc. (ADBE) and Asana, Inc. (ASAN) show a moderate relationship: their 3-year correlation of weekly returns is 0.55.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ADBE and ASAN?
On 3 years of weekly data the ADBE/ASAN correlation comes out at 0.55, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.78 versus 0.55 over 3 years. The 5-year figure is 0.52, and annualized covariance runs at 1148.9 %².
By 3-year correlation, ASAN places #9 of the 32 assets tracked against ADBE. The trailing year gives ADBE the advantage: -18.9% versus -29.0%, a 10.1-point spread. One caveat on sizing: ASAN is 1.7 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
ADBE vs ASAN: side by side
| ADBE (Adobe Inc.) | ASAN (Asana, Inc.) | |
|---|---|---|
| 1-year return | -18.9% | -29.0% |
| 5-year return | -56.6% | -86.9% |
| Volatility (ann.) | 35.1% | 59.9% |
| Beta vs S&P 500 | 1.04 | 1.49 |
| Max drawdown (3Y) | -69.5% | -80.2% |
| Market cap | $114.9B | $2.3B |
| P/E (trailing) | 15.6 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | ADBE | ASAN |
|---|---|---|
| 2022 | -40.7% | -81.5% |
| 2023 | +77.3% | +38.1% |
| 2024 | -25.5% | +6.6% |
| 2025 | -21.3% | -32.4% |
| 2026 | -17.4% | -25.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ADBE and ASAN good diversifiers for each other?
To a limited degree. At 0.55 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between ADBE and ASAN?
Using weekly returns as of 2026-08-27: 0.55 over 3 years, with 0.78 over the last year and 0.52 over 5 years.
Is ASAN a good diversifier for ADBE?
To a limited degree. At 0.55 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.55 mean?
A reading of 0.55 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/adbe-vs-asan.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/adbe-vs-asan/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ADBE correlations · ASAN correlations
