AMZN vs DASH: Correlation
How closely do Amazon (AMZN) and DoorDash (DASH) trade together? Their weekly returns over three years give a correlation of 0.43, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AMZN and DASH?
Across a 3-year window, the weekly returns of AMZN and DASH correlate at 0.43, moderate. Little has changed lately, as the 1-year reading of 0.41 lands near the 3-year figure. Stretching to 5 years gives 0.48, with an annualized covariance of 591.1 %².
By 3-year correlation, DASH places #22 of the 38 assets tracked against AMZN. Correlation aside, the last 12 months split them widely, with AMZN ahead by 17.4 points (+11.8% versus -5.6%). The rolling one-year correlation moved between 0.20 and 0.63 over the past three years, a moderate range.
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.
AMZN vs DASH: side by side
| AMZN (Amazon) | DASH (DoorDash) | |
|---|---|---|
| 1-year return | +11.8% | -5.6% |
| 5-year return | +49.8% | +20.3% |
| Volatility (ann.) | 31.0% | 44.1% |
| Beta vs S&P 500 | 1.48 | 1.73 |
| Max drawdown (3Y) | -30.9% | -48.0% |
| Market cap | $2,764.1B | $101.0B |
| P/E (trailing) | 20.9 | 123.3 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Consumer Discretionary | Consumer Discretionary |
Year-by-year returns
| Year | AMZN | DASH |
|---|---|---|
| 2022 | -49.6% | -67.2% |
| 2023 | +80.9% | +102.6% |
| 2024 | +44.4% | +69.6% |
| 2025 | +5.2% | +35.0% |
| 2026 | +11.0% | +2.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AMZN and DASH good diversifiers for each other?
A fair diversifier. At 0.43, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between AMZN and DASH?
Using weekly returns as of 2026-08-27: 0.43 over 3 years, with 0.41 over the last year and 0.48 over 5 years.
Is DASH a good diversifier for AMZN?
A fair diversifier. At 0.43, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.43 mean?
A reading of 0.43 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/amzn-vs-dash.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/amzn-vs-dash/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AMZN correlations · DASH correlations
