ADBE vs TYL: Correlation
How closely do Adobe Inc. (ADBE) and Tyler Technologies (TYL) trade together? Their weekly returns over three years give a correlation of 0.44, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ADBE and TYL?
Across a 3-year window, the weekly returns of ADBE and TYL correlate at 0.44, moderate. The link has tightened recently: the 1-year correlation (0.57) runs above the 3-year figure (0.44). Stretching to 5 years gives 0.54, with an annualized covariance of 459.5 %².
Within ADBE's tracked universe of 32 assets, TYL comes in at #19 by 3-year correlation. The last year tells two different stories: ADBE led by 15.1 percentage points, -18.9% for ADBE against -34.0% for TYL. Across three years, the rolling one-year figure varied moderately, from 0.21 to 0.57.
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 TYL: side by side
| ADBE (Adobe Inc.) | TYL (Tyler Technologies) | |
|---|---|---|
| 1-year return | -18.9% | -34.0% |
| 5-year return | -56.6% | -22.5% |
| Volatility (ann.) | 35.1% | 29.6% |
| Beta vs S&P 500 | 1.04 | 0.61 |
| Max drawdown (3Y) | -69.5% | -57.4% |
| Market cap | $114.9B | $15.1B |
| P/E (trailing) | 15.6 | 46.3 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Information Technology | Information Technology |
Year-by-year returns
| Year | ADBE | TYL |
|---|---|---|
| 2022 | -40.7% | -40.1% |
| 2023 | +77.3% | +29.7% |
| 2024 | -25.5% | +37.9% |
| 2025 | -21.3% | -21.3% |
| 2026 | -17.4% | -18.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ADBE and TYL good diversifiers for each other?
Reasonably. At 0.44, ADBE and TYL keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between ADBE and TYL?
The ADBE/TYL correlation stands at 0.44 on a 3-year window (1 year: 0.57, 5 years: 0.54), computed from weekly returns as of 2026-08-27.
Is TYL a good diversifier for ADBE?
Reasonably. At 0.44, ADBE and TYL keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.44 mean?
On the −1 to +1 scale, 0.44 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-tyl.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/adbe-vs-tyl/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ADBE correlations · TYL correlations
