ADSK vs DSGX: Correlation
Measured on weekly returns over the past three years, Autodesk (ADSK) and The Descartes Systems Group Inc. (DSGX) carry a correlation of 0.59, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ADSK and DSGX?
Over the past 3 years, ADSK and DSGX moved with a correlation of 0.59, which is moderate. Little has changed lately, as the 1-year reading of 0.65 lands near the 3-year figure. Over 5 years the correlation is 0.60, and the annualized covariance of weekly returns is 574.1 %².
Within ADSK's tracked universe of 44 assets, DSGX comes in at #10 by 3-year correlation. On 12-month performance ADSK holds a 13.7-point edge, -5.4% against -19.1%.
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 DSGX: side by side
| ADSK (Autodesk) | DSGX (The Descartes Systems Group Inc.) | |
|---|---|---|
| 1-year return | -5.4% | -19.1% |
| 5-year return | -13.7% | +3.6% |
| Volatility (ann.) | 30.9% | 31.5% |
| Beta vs S&P 500 | 1.04 | 0.86 |
| Max drawdown (3Y) | -42.6% | -48.7% |
| Market cap | $57.1B | $6.9B |
| P/E (trailing) | 37.2 | 38.6 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | ADSK | DSGX |
|---|---|---|
| 2022 | -33.5% | -15.8% |
| 2023 | +30.3% | +20.7% |
| 2024 | +21.4% | +35.1% |
| 2025 | +0.1% | -22.8% |
| 2026 | -8.6% | -8.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ADSK and DSGX good diversifiers for each other?
To a limited degree. At 0.59 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 ADSK and DSGX?
Using weekly returns as of 2026-08-27: 0.59 over 3 years, with 0.65 over the last year and 0.60 over 5 years.
Is DSGX a good diversifier for ADSK?
To a limited degree. At 0.59 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 0.59 mean?
A reading of 0.59 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/adsk-vs-dsgx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/adsk-vs-dsgx/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ADSK correlations · DSGX correlations
