CSGP vs DSGX: Correlation
How closely do CoStar Group (CSGP) and The Descartes Systems Group Inc. (DSGX) trade together? Their weekly returns over three years give a correlation of 0.45, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CSGP and DSGX?
On 3 years of weekly data the CSGP/DSGX correlation comes out at 0.45, moderate. Recent behaviour matches the longer record: 0.53 over 1 year against 0.45 over 3. The 5-year figure is 0.46, and annualized covariance runs at 519.8 %².
Among the 34 assets we track against CSGP, DSGX ranks #8 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months DSGX outperformed by 45.9 percentage points (-65.0% for CSGP against -19.1% for DSGX).
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.
CSGP vs DSGX: side by side
| CSGP (CoStar Group) | DSGX (The Descartes Systems Group Inc.) | |
|---|---|---|
| 1-year return | -65.0% | -19.1% |
| 5-year return | -62.7% | +3.6% |
| Volatility (ann.) | 36.5% | 31.5% |
| Beta vs S&P 500 | 0.86 | 0.86 |
| Max drawdown (3Y) | -72.2% | -48.7% |
| Market cap | $12.7B | $6.9B |
| P/E (trailing) | 174.1 | 38.6 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Real Estate | US Listed |
Year-by-year returns
| Year | CSGP | DSGX |
|---|---|---|
| 2022 | -2.2% | -15.8% |
| 2023 | +13.1% | +20.7% |
| 2024 | -18.1% | +35.1% |
| 2025 | -6.1% | -22.8% |
| 2026 | -53.4% | -8.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CSGP and DSGX good diversifiers for each other?
A fair diversifier. At 0.45, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between CSGP and DSGX?
The CSGP/DSGX correlation stands at 0.45 on a 3-year window (1 year: 0.53, 5 years: 0.46), computed from weekly returns as of 2026-08-27.
Is DSGX a good diversifier for CSGP?
A fair diversifier. At 0.45, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.45 mean?
On the −1 to +1 scale, 0.45 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/csgp-vs-dsgx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/csgp-vs-dsgx/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CSGP correlations · DSGX correlations
