ADSK vs GDDY: Correlation
Measured on weekly returns over the past three years, Autodesk (ADSK) and GoDaddy (GDDY) carry a correlation of 0.45, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ADSK and GDDY?
Across a 3-year window, the weekly returns of ADSK and GDDY correlate at 0.45, moderate. Recent behaviour matches the longer record: 0.48 over 1 year against 0.45 over 3. Stretching to 5 years gives 0.51, with an annualized covariance of 466.9 %².
Within ADSK's tracked universe of 44 assets, GDDY comes in at #32 by 3-year correlation. The last year tells two different stories: ADSK led by 29.0 percentage points, -5.4% for ADSK against -34.4% for GDDY. On a rolling one-year basis the correlation drifted between 0.34 and 0.71, a moderate band.
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 GDDY: side by side
| ADSK (Autodesk) | GDDY (GoDaddy) | |
|---|---|---|
| 1-year return | -5.4% | -34.4% |
| 5-year return | -13.7% | +32.1% |
| Volatility (ann.) | 30.9% | 33.6% |
| Beta vs S&P 500 | 1.04 | 0.93 |
| Max drawdown (3Y) | -42.6% | -65.0% |
| Market cap | $57.1B | $12.3B |
| P/E (trailing) | 37.2 | 14.4 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Information Technology | Information Technology |
Year-by-year returns
| Year | ADSK | GDDY |
|---|---|---|
| 2022 | -33.5% | -11.8% |
| 2023 | +30.3% | +41.9% |
| 2024 | +21.4% | +85.9% |
| 2025 | +0.1% | -37.1% |
| 2026 | -8.6% | -21.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ADSK and GDDY good diversifiers for each other?
A fair diversifier. At 0.45, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between ADSK and GDDY?
As of 2026-08-27, the correlation of weekly returns between ADSK and GDDY is 0.45 over 3 years, 0.48 over 1 year and 0.51 over 5 years.
Is GDDY a good diversifier for ADSK?
A fair diversifier. At 0.45, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.45 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/adsk-vs-gddy.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/adsk-vs-gddy/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ADSK correlations · GDDY correlations
