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AKAM vs FROG: Correlation

How closely do Akamai Technologies (AKAM) and JFrog Ltd. (FROG) trade together? Their weekly returns over three years give a correlation of 0.46, which is moderate.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.46
moderate
Correlation (1Y)
0.68
last 12 months
Correlation (5Y)
0.43
long-run
Ann. covariance
1193.9
%² · weekly, annualized

How correlated are AKAM and FROG?

Over the past 3 years, AKAM and FROG moved with a correlation of 0.46, which is moderate. Lately the two have moved closer together, with the 1-year correlation at 0.68 versus 0.46 over 3 years. Over 5 years the correlation is 0.43, and the annualized covariance of weekly returns is 1193.9 %².

By 3-year correlation, FROG places #6 of the 30 assets tracked against AKAM. The last year tells two different stories: FROG led by 70.2 percentage points, +42.1% for AKAM against +112.3% for FROG.

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 FROG: side by side

AKAM (Akamai Technologies)FROG (JFrog Ltd.)
1-year return+42.1%+112.3%
5-year return-1.6%+167.6%
Volatility (ann.)45.7%56.8%
Beta vs S&P 5000.581.24
Max drawdown (3Y)-46.8%-49.6%
Market cap$16.0B$12.8B
P/E (trailing)40.3
Dividend yield0.00%0.00%
Sector / categoryInformation TechnologyUS Listed
Smaller drawdown: AKAM -46.8% vs -49.6%Higher 5y return: FROG +167.6% vs -1.6%
-25%0%+108%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. AKAM · FROG

Year-by-year returns

YearAKAMFROG
2022-28.0%-28.2%
2023+40.4%+62.3%
2024-19.2%-15.0%
2025-8.8%+112.4%
2026+27.5%+66.6%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are AKAM and FROG good diversifiers for each other?

A fair diversifier. At 0.46, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between AKAM and FROG?

As of 2026-08-27, the correlation of weekly returns between AKAM and FROG is 0.46 over 3 years, 0.68 over 1 year and 0.43 over 5 years.

Is FROG a good diversifier for AKAM?

A fair diversifier. At 0.46, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.46 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

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AKAM vs FROG: 3-year weekly correlation 0.46AKAM vs FROG0.46

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Related comparisons

Hubs: AKAM correlations · FROG correlations