AKAM vs DT: Correlation
Measured on weekly returns over the past three years, Akamai Technologies (AKAM) and Dynatrace, Inc. (DT) carry a correlation of 0.39, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AKAM and DT?
Over the past 3 years, AKAM and DT moved with a correlation of 0.39, which is moderate. The relationship has been stable: the 1-year correlation (0.35) sits close to the 3-year figure. Over 5 years the correlation is 0.41, and the annualized covariance of weekly returns is 612.9 %².
By 3-year correlation, DT places #11 of the 30 assets tracked against AKAM. Their recent paths diverged sharply: over the last 12 months AKAM outperformed by 35.5 percentage points (+42.1% for AKAM against +6.6% for DT).
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 DT: side by side
| AKAM (Akamai Technologies) | DT (Dynatrace, Inc.) | |
|---|---|---|
| 1-year return | +42.1% | +6.6% |
| 5-year return | -1.6% | -21.5% |
| Volatility (ann.) | 45.7% | 34.3% |
| Beta vs S&P 500 | 0.58 | 1.02 |
| Max drawdown (3Y) | -46.8% | -48.2% |
| Market cap | $16.0B | $15.5B |
| P/E (trailing) | 40.3 | 102.8 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | AKAM | DT |
|---|---|---|
| 2022 | -28.0% | -36.5% |
| 2023 | +40.4% | +42.8% |
| 2024 | -19.2% | -0.6% |
| 2025 | -8.8% | -20.3% |
| 2026 | +27.5% | +23.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AKAM and DT good diversifiers for each other?
A fair diversifier. At 0.39, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between AKAM and DT?
As of 2026-08-27, the correlation of weekly returns between AKAM and DT is 0.39 over 3 years, 0.35 over 1 year and 0.41 over 5 years.
Is DT a good diversifier for AKAM?
A fair diversifier. At 0.39, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.39 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/akam-vs-dt.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/akam-vs-dt/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AKAM correlations · DT correlations
