BRZE vs HUBS: Correlation
Braze, Inc. (BRZE) and HubSpot, Inc. (HUBS) show a moderate relationship: their 3-year correlation of weekly returns is 0.58.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BRZE and HUBS?
On 3 years of weekly data the BRZE/HUBS correlation comes out at 0.58, moderate. Little has changed lately, as the 1-year reading of 0.67 lands near the 3-year figure. The 5-year figure is 0.61, and annualized covariance runs at 1652.1 %².
Few assets follow BRZE as closely as HUBS, which ranks #3 of 12 tracked partners. Correlation aside, the last 12 months split them widely, with BRZE ahead by 73.5 points (+28.0% versus -45.5%).
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.
BRZE vs HUBS: side by side
| BRZE (Braze, Inc.) | HUBS (HubSpot, Inc.) | |
|---|---|---|
| 1-year return | +28.0% | -45.5% |
| 5-year return | -63.5% | -63.5% |
| Volatility (ann.) | 56.3% | 50.4% |
| Beta vs S&P 500 | 1.29 | 1.18 |
| Max drawdown (3Y) | -73.6% | -79.2% |
| Market cap | $3.8B | $13.1B |
| P/E (trailing) | – | 90.7 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BRZE | HUBS |
|---|---|---|
| 2022 | -64.6% | -56.1% |
| 2023 | +94.8% | +100.8% |
| 2024 | -21.2% | +20.0% |
| 2025 | -18.1% | -42.4% |
| 2026 | -0.6% | -36.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BRZE and HUBS good diversifiers for each other?
Somewhat, no more. With 0.58 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between BRZE and HUBS?
Using weekly returns as of 2026-08-27: 0.58 over 3 years, with 0.67 over the last year and 0.61 over 5 years.
Is HUBS a good diversifier for BRZE?
Somewhat, no more. With 0.58 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.58 mean?
A reading of 0.58 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/brze-vs-hubs.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/brze-vs-hubs/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BRZE correlations · HUBS correlations
