ADBE vs IT: Correlation
How closely do Adobe Inc. (ADBE) and Gartner (IT) trade together? Their weekly returns over three years give a correlation of 0.53, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ADBE and IT?
On 3 years of weekly data the ADBE/IT correlation comes out at 0.53, moderate. Little has changed lately, as the 1-year reading of 0.62 lands near the 3-year figure. The 5-year figure is 0.51, and annualized covariance runs at 752.8 %².
By 3-year correlation, IT places #14 of the 32 assets tracked against ADBE. Neither side won the trailing year by much: -18.9% against -20.2%. The rolling one-year correlation moved between 0.20 and 0.63 over the past three years, a moderate range.
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 IT: side by side
| ADBE (Adobe Inc.) | IT (Gartner) | |
|---|---|---|
| 1-year return | -18.9% | -20.2% |
| 5-year return | -56.6% | -36.0% |
| Volatility (ann.) | 35.1% | 40.6% |
| Beta vs S&P 500 | 1.04 | 0.92 |
| Max drawdown (3Y) | -69.5% | -77.2% |
| Market cap | $114.9B | $12.4B |
| P/E (trailing) | 15.6 | 17.4 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Information Technology | Information Technology |
Year-by-year returns
| Year | ADBE | IT |
|---|---|---|
| 2022 | -40.7% | +0.5% |
| 2023 | +77.3% | +34.2% |
| 2024 | -25.5% | +7.4% |
| 2025 | -21.3% | -47.9% |
| 2026 | -17.4% | -22.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ADBE and IT good diversifiers for each other?
To a limited degree. At 0.53 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 IT?
Using weekly returns as of 2026-08-27: 0.53 over 3 years, with 0.62 over the last year and 0.51 over 5 years.
Is IT a good diversifier for ADBE?
To a limited degree. At 0.53 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 0.53 mean?
On the −1 to +1 scale, 0.53 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/adbe-vs-it.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/adbe-vs-it/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ADBE correlations · IT correlations
