AMZN vs STK: Correlation
How closely do Amazon (AMZN) and Columbia Seligman Premium Technology Growth Fund Inc (STK) trade together? Their weekly returns over three years give a correlation of 0.65, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AMZN and STK?
Over the past 3 years, AMZN and STK moved with a correlation of 0.65, which is strong. Little has changed lately, as the 1-year reading of 0.59 lands near the 3-year figure. Over 5 years the correlation is 0.66, and the annualized covariance of weekly returns is 530.0 %².
By 3-year correlation, STK places #15 of the 38 assets tracked against AMZN. Their recent paths diverged sharply: over the last 12 months STK outperformed by 65.0 percentage points (+11.8% for AMZN against +76.8% for STK).
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 STK: side by side
| AMZN (Amazon) | STK (Columbia Seligman Premium Technology Growth Fund Inc) | |
|---|---|---|
| 1-year return | +11.8% | +76.8% |
| 5-year return | +49.8% | +153.2% |
| Volatility (ann.) | 31.0% | 26.4% |
| Beta vs S&P 500 | 1.48 | 1.51 |
| Max drawdown (3Y) | -30.9% | -26.6% |
| Market cap | $2,764.1B | – |
| P/E (trailing) | 20.9 | 5.9 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Consumer Discretionary | US Listed |
Year-by-year returns
| Year | AMZN | STK |
|---|---|---|
| 2022 | -49.6% | -30.4% |
| 2023 | +80.9% | +49.2% |
| 2024 | +44.4% | +17.7% |
| 2025 | +5.2% | +24.9% |
| 2026 | +11.0% | +47.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AMZN and STK good diversifiers for each other?
Somewhat, no more. With 0.65 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between AMZN and STK?
Using weekly returns as of 2026-08-27: 0.65 over 3 years, with 0.59 over the last year and 0.66 over 5 years.
Is STK a good diversifier for AMZN?
Somewhat, no more. With 0.65 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.65 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/amzn-vs-stk.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/amzn-vs-stk/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AMZN correlations · STK correlations
