ADSK vs HUBS: Correlation
Measured on weekly returns over the past three years, Autodesk (ADSK) and HubSpot, Inc. (HUBS) carry a correlation of 0.60, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ADSK and HUBS?
Across a 3-year window, the weekly returns of ADSK and HUBS correlate at 0.60, strong. Little has changed lately, as the 1-year reading of 0.67 lands near the 3-year figure. Stretching to 5 years gives 0.61, with an annualized covariance of 925.5 %².
Within ADSK's tracked universe of 44 assets, HUBS comes in at #8 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months ADSK outperformed by 40.1 percentage points (-5.4% for ADSK against -45.5% for HUBS). Risk is not evenly split, since HUBS carries 1.6 times the volatility of the other side.
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 HUBS: side by side
| ADSK (Autodesk) | HUBS (HubSpot, Inc.) | |
|---|---|---|
| 1-year return | -5.4% | -45.5% |
| 5-year return | -13.7% | -63.5% |
| Volatility (ann.) | 30.9% | 50.4% |
| Beta vs S&P 500 | 1.04 | 1.18 |
| Max drawdown (3Y) | -42.6% | -79.2% |
| Market cap | $57.1B | $13.1B |
| P/E (trailing) | 37.2 | 90.7 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | ADSK | HUBS |
|---|---|---|
| 2022 | -33.5% | -56.1% |
| 2023 | +30.3% | +100.8% |
| 2024 | +21.4% | +20.0% |
| 2025 | +0.1% | -42.4% |
| 2026 | -8.6% | -36.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ADSK and HUBS good diversifiers for each other?
Only partially. A correlation of 0.60 means ADSK and HUBS share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between ADSK and HUBS?
The ADSK/HUBS correlation stands at 0.60 on a 3-year window (1 year: 0.67, 5 years: 0.61), computed from weekly returns as of 2026-08-27.
Is HUBS a good diversifier for ADSK?
Only partially. A correlation of 0.60 means ADSK and HUBS share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
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-hubs.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/adsk-vs-hubs/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ADSK correlations · HUBS correlations
