ADBE vs DT: Correlation
Adobe Inc. (ADBE) and Dynatrace, Inc. (DT) show a strong relationship: their 3-year correlation of weekly returns is 0.60.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ADBE and DT?
On 3 years of weekly data the ADBE/DT correlation comes out at 0.60, strong. Little has changed lately, as the 1-year reading of 0.63 lands near the 3-year figure. The 5-year figure is 0.59, and annualized covariance runs at 720.9 %².
DT is one of the assets that tracks ADBE most closely: it ranks #3 out of the 32 assets we track against ADBE. Correlation aside, the last 12 months split them widely, with DT ahead by 25.5 points (-18.9% versus +6.6%).
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 DT: side by side
| ADBE (Adobe Inc.) | DT (Dynatrace, Inc.) | |
|---|---|---|
| 1-year return | -18.9% | +6.6% |
| 5-year return | -56.6% | -21.5% |
| Volatility (ann.) | 35.1% | 34.3% |
| Beta vs S&P 500 | 1.04 | 1.02 |
| Max drawdown (3Y) | -69.5% | -48.2% |
| Market cap | $114.9B | $15.5B |
| P/E (trailing) | 15.6 | 102.8 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | ADBE | DT |
|---|---|---|
| 2022 | -40.7% | -36.5% |
| 2023 | +77.3% | +42.8% |
| 2024 | -25.5% | -0.6% |
| 2025 | -21.3% | -20.3% |
| 2026 | -17.4% | +23.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ADBE and DT good diversifiers for each other?
Somewhat, no more. With 0.60 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between ADBE and DT?
The ADBE/DT correlation stands at 0.60 on a 3-year window (1 year: 0.63, 5 years: 0.59), computed from weekly returns as of 2026-08-27.
Is DT a good diversifier for ADBE?
Somewhat, no more. With 0.60 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.60 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/adbe-vs-dt.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/adbe-vs-dt/)
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Related comparisons
Hubs: ADBE correlations · DT correlations
