ADSK vs BSY: Correlation
Autodesk (ADSK) and Bentley Systems, Incorporated (BSY) 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 ADSK and BSY?
On 3 years of weekly data the ADSK/BSY correlation comes out at 0.60, strong. Lately the two have moved closer together, with the 1-year correlation at 0.74 versus 0.60 over 3 years. The 5-year figure is 0.64, and annualized covariance runs at 542.3 %².
By 3-year correlation, BSY places #7 of the 44 assets tracked against ADSK. Correlation aside, the last 12 months split them widely, with ADSK ahead by 25.5 points (-5.4% versus -30.9%).
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.
ADSK vs BSY: side by side
| ADSK (Autodesk) | BSY (Bentley Systems, Incorporated) | |
|---|---|---|
| 1-year return | -5.4% | -30.9% |
| 5-year return | -13.7% | -40.5% |
| Volatility (ann.) | 30.9% | 29.4% |
| Beta vs S&P 500 | 1.04 | 0.71 |
| Max drawdown (3Y) | -42.6% | -51.3% |
| Market cap | $57.1B | $11.4B |
| P/E (trailing) | 37.2 | 40.9 |
| Dividend yield | 0.00% | 0.76% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | ADSK | BSY |
|---|---|---|
| 2022 | -33.5% | -23.3% |
| 2023 | +30.3% | +41.8% |
| 2024 | +21.4% | -10.1% |
| 2025 | +0.1% | -17.8% |
| 2026 | -8.6% | -1.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ADSK and BSY 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 ADSK and BSY?
Using weekly returns as of 2026-08-27: 0.60 over 3 years, with 0.74 over the last year and 0.64 over 5 years.
Is BSY a good diversifier for ADSK?
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?
On the −1 to +1 scale, 0.60 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/adsk-vs-bsy.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/adsk-vs-bsy/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ADSK correlations · BSY correlations
