AKAM vs DBX: Correlation
How closely do Akamai Technologies (AKAM) and Dropbox, Inc. (DBX) trade together? Their weekly returns over three years give a correlation of 0.47, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AKAM and DBX?
On 3 years of weekly data the AKAM/DBX correlation comes out at 0.47, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.33 versus 0.47 over 3 years. The 5-year figure is 0.49, and annualized covariance runs at 697.8 %².
By 3-year correlation, DBX places #5 of the 30 assets tracked against AKAM. Their recent paths diverged sharply: over the last 12 months AKAM outperformed by 17.6 percentage points (+42.1% for AKAM against +24.5% for DBX).
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.
AKAM vs DBX: side by side
| AKAM (Akamai Technologies) | DBX (Dropbox, Inc.) | |
|---|---|---|
| 1-year return | +42.1% | +24.5% |
| 5-year return | -1.6% | +14.9% |
| Volatility (ann.) | 45.7% | 32.7% |
| Beta vs S&P 500 | 0.58 | 0.86 |
| Max drawdown (3Y) | -46.8% | -37.4% |
| Market cap | $16.0B | $7.8B |
| P/E (trailing) | 40.3 | 19.2 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | AKAM | DBX |
|---|---|---|
| 2022 | -28.0% | -8.8% |
| 2023 | +40.4% | +31.7% |
| 2024 | -19.2% | +1.9% |
| 2025 | -8.8% | -7.5% |
| 2026 | +27.5% | +29.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AKAM and DBX good diversifiers for each other?
A fair diversifier. At 0.47, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between AKAM and DBX?
Using weekly returns as of 2026-08-27: 0.47 over 3 years, with 0.33 over the last year and 0.49 over 5 years.
Is DBX a good diversifier for AKAM?
A fair diversifier. At 0.47, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.47 mean?
A reading of 0.47 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/akam-vs-dbx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/akam-vs-dbx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: AKAM correlations · DBX correlations
