DASH vs EBAY: Correlation
DoorDash (DASH) and eBay Inc. (EBAY) show a weak relationship: their 3-year correlation of weekly returns is 0.25.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DASH and EBAY?
Over the past 3 years, DASH and EBAY moved with a correlation of 0.25, which is weak. Little has changed lately, as the 1-year reading of 0.31 lands near the 3-year figure. Over 5 years the correlation is 0.41, and the annualized covariance of weekly returns is 324.5 %².
Within DASH's tracked universe of 36 assets, EBAY comes in at #26 by 3-year correlation. The last year tells two different stories: EBAY led by 16.2 percentage points, -5.6% for DASH against +10.6% for EBAY. Do not treat this figure as fixed: across three years the rolling one-year correlation ranged all the way from -0.01 to 0.60. Risk is not evenly split, since DASH carries 1.5 times the volatility of the other side.
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.
DASH vs EBAY: side by side
| DASH (DoorDash) | EBAY (eBay Inc.) | |
|---|---|---|
| 1-year return | -5.6% | +10.6% |
| 5-year return | +20.3% | +43.9% |
| Volatility (ann.) | 44.1% | 28.9% |
| Beta vs S&P 500 | 1.73 | 0.58 |
| Max drawdown (3Y) | -48.0% | -20.7% |
| Market cap | $101.0B | $45.5B |
| P/E (trailing) | 123.3 | 21.9 |
| Dividend yield | 0.00% | 1.15% |
| Sector / category | Consumer Discretionary | Consumer Discretionary |
Year-by-year returns
| Year | DASH | EBAY |
|---|---|---|
| 2022 | -67.2% | -36.5% |
| 2023 | +102.6% | +7.7% |
| 2024 | +69.6% | +44.8% |
| 2025 | +35.0% | +42.7% |
| 2026 | +2.4% | +18.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DASH and EBAY good diversifiers for each other?
A fair diversifier. At 0.25, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between DASH and EBAY?
As of 2026-08-27, the correlation of weekly returns between DASH and EBAY is 0.25 over 3 years, 0.31 over 1 year and 0.41 over 5 years.
Is EBAY a good diversifier for DASH?
A fair diversifier. At 0.25, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.25 mean?
A reading of 0.25 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/dash-vs-ebay.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/dash-vs-ebay/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: DASH correlations · EBAY correlations
