ADBE vs PTC: Correlation
Measured on weekly returns over the past three years, Adobe Inc. (ADBE) and PTC Inc. (PTC) carry a correlation of 0.55, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ADBE and PTC?
On 3 years of weekly data the ADBE/PTC correlation comes out at 0.55, moderate. The link has tightened recently: the 1-year correlation (0.69) runs above the 3-year figure (0.55). The 5-year figure is 0.50, and annualized covariance runs at 555.9 %².
Within ADBE's tracked universe of 32 assets, PTC comes in at #10 by 3-year correlation. On 12-month performance ADBE holds a 7.7-point edge, -18.9% against -26.6%. Across three years, the rolling one-year figure varied moderately, from 0.31 to 0.68.
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 PTC: side by side
| ADBE (Adobe Inc.) | PTC (PTC Inc.) | |
|---|---|---|
| 1-year return | -18.9% | -26.6% |
| 5-year return | -56.6% | +20.0% |
| Volatility (ann.) | 35.1% | 28.8% |
| Beta vs S&P 500 | 1.04 | 1.02 |
| Max drawdown (3Y) | -69.5% | -48.1% |
| Market cap | $114.9B | $17.2B |
| P/E (trailing) | 15.6 | 14.7 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Information Technology | Information Technology |
Year-by-year returns
| Year | ADBE | PTC |
|---|---|---|
| 2022 | -40.7% | -0.9% |
| 2023 | +77.3% | +45.8% |
| 2024 | -25.5% | +5.1% |
| 2025 | -21.3% | -5.3% |
| 2026 | -17.4% | -8.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ADBE and PTC 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 PTC?
Using weekly returns as of 2026-08-27: 0.55 over 3 years, with 0.69 over the last year and 0.50 over 5 years.
Is PTC 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-ptc.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/adbe-vs-ptc/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ADBE correlations · PTC correlations
