ADSK vs WIX: Correlation
Autodesk (ADSK) and Wix.com Ltd. (WIX) show a moderate relationship: their 3-year correlation of weekly returns is 0.52.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ADSK and WIX?
Across a 3-year window, the weekly returns of ADSK and WIX correlate at 0.52, moderate. Recent behaviour matches the longer record: 0.54 over 1 year against 0.52 over 3. Stretching to 5 years gives 0.51, with an annualized covariance of 930.9 %².
By 3-year correlation, WIX places #26 of the 44 assets tracked against ADSK. Correlation aside, the last 12 months split them widely, with ADSK ahead by 31.7 points (-5.4% versus -37.1%). Note the risk asymmetry: WIX runs 1.9 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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 WIX: side by side
| ADSK (Autodesk) | WIX (Wix.com Ltd.) | |
|---|---|---|
| 1-year return | -5.4% | -37.1% |
| 5-year return | -13.7% | -61.8% |
| Volatility (ann.) | 30.9% | 58.2% |
| Beta vs S&P 500 | 1.04 | 1.22 |
| Max drawdown (3Y) | -42.6% | -83.6% |
| Market cap | $57.1B | $3.6B |
| P/E (trailing) | 37.2 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | ADSK | WIX |
|---|---|---|
| 2022 | -33.5% | -51.3% |
| 2023 | +30.3% | +60.1% |
| 2024 | +21.4% | +74.4% |
| 2025 | +0.1% | -51.6% |
| 2026 | -8.6% | -17.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ADSK and WIX good diversifiers for each other?
Only partially. A correlation of 0.52 means ADSK and WIX 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 WIX?
The ADSK/WIX correlation stands at 0.52 on a 3-year window (1 year: 0.54, 5 years: 0.51), computed from weekly returns as of 2026-08-27.
Is WIX a good diversifier for ADSK?
Only partially. A correlation of 0.52 means ADSK and WIX share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.52 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-wix.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/adsk-vs-wix/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ADSK correlations · WIX correlations
