BKNG vs DASH: Correlation
Measured on weekly returns over the past three years, Booking Holdings (BKNG) and DoorDash (DASH) carry a correlation of 0.52, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BKNG and DASH?
On 3 years of weekly data the BKNG/DASH correlation comes out at 0.52, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.70 versus 0.52 over 3 years. The 5-year figure is 0.45, and annualized covariance runs at 668.7 %².
Among the 39 assets we track against BKNG, DASH ranks #18 by 3-year correlation. Their 12-month results are close: -9.1% for BKNG against -5.6% for DASH. The relationship is regime-dependent: the rolling one-year correlation swung between 0.09 and 0.70 over the past three years, so this pair behaves very differently depending on the market environment. Note the risk asymmetry: DASH runs 1.5 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
BKNG vs DASH: side by side
| BKNG (Booking Holdings) | DASH (DoorDash) | |
|---|---|---|
| 1-year return | -9.1% | -5.6% |
| 5-year return | +127.1% | +20.3% |
| Volatility (ann.) | 29.1% | 44.1% |
| Beta vs S&P 500 | 1.11 | 1.73 |
| Max drawdown (3Y) | -33.4% | -48.0% |
| Market cap | $152.2B | $101.0B |
| P/E (trailing) | 23.2 | 123.3 |
| Dividend yield | 0.77% | 0.00% |
| Sector / category | Consumer Discretionary | Consumer Discretionary |
Year-by-year returns
| Year | BKNG | DASH |
|---|---|---|
| 2022 | -16.0% | -67.2% |
| 2023 | +76.0% | +102.6% |
| 2024 | +41.3% | +69.6% |
| 2025 | +8.6% | +35.0% |
| 2026 | -5.0% | +2.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BKNG and DASH good diversifiers for each other?
Somewhat, no more. With 0.52 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between BKNG and DASH?
Using weekly returns as of 2026-08-27: 0.52 over 3 years, with 0.70 over the last year and 0.45 over 5 years.
Is DASH a good diversifier for BKNG?
Somewhat, no more. With 0.52 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.52 mean?
On the −1 to +1 scale, 0.52 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/bkng-vs-dash.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bkng-vs-dash/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BKNG correlations · DASH correlations
