ADBE vs HUBS: Correlation
Measured on weekly returns over the past three years, Adobe Inc. (ADBE) and HubSpot, Inc. (HUBS) carry a correlation of 0.53, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ADBE and HUBS?
Over the past 3 years, ADBE and HUBS moved with a correlation of 0.53, which is moderate. The link has tightened recently: the 1-year correlation (0.71) runs above the 3-year figure (0.53). Over 5 years the correlation is 0.57, and the annualized covariance of weekly returns is 940.0 %².
Within ADBE's tracked universe of 32 assets, HUBS comes in at #12 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months ADBE outperformed by 26.6 percentage points (-18.9% for ADBE against -45.5% for HUBS).
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 HUBS: side by side
| ADBE (Adobe Inc.) | HUBS (HubSpot, Inc.) | |
|---|---|---|
| 1-year return | -18.9% | -45.5% |
| 5-year return | -56.6% | -63.5% |
| Volatility (ann.) | 35.1% | 50.4% |
| Beta vs S&P 500 | 1.04 | 1.18 |
| Max drawdown (3Y) | -69.5% | -79.2% |
| Market cap | $114.9B | $13.1B |
| P/E (trailing) | 15.6 | 90.7 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | ADBE | HUBS |
|---|---|---|
| 2022 | -40.7% | -56.1% |
| 2023 | +77.3% | +100.8% |
| 2024 | -25.5% | +20.0% |
| 2025 | -21.3% | -42.4% |
| 2026 | -17.4% | -36.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ADBE and HUBS good diversifiers for each other?
Somewhat, no more. With 0.53 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between ADBE and HUBS?
Using weekly returns as of 2026-08-27: 0.53 over 3 years, with 0.71 over the last year and 0.57 over 5 years.
Is HUBS a good diversifier for ADBE?
Somewhat, no more. With 0.53 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.53 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-hubs.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/adbe-vs-hubs/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ADBE correlations · HUBS correlations
