DASH vs UBER: Correlation
How closely do DoorDash (DASH) and Uber (UBER) trade together? Their weekly returns over three years give a correlation of 0.54, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DASH and UBER?
Across a 3-year window, the weekly returns of DASH and UBER correlate at 0.54, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.69 versus 0.54 over 3 years. Stretching to 5 years gives 0.54, with an annualized covariance of 874.6 %².
Among the 36 assets we track against DASH, UBER ranks #16 by 3-year correlation. The trailing year gives DASH the advantage: -5.6% versus -19.3%, a 13.7-point spread. This link changes with the market regime, having swung between 0.17 and 0.67 on a rolling one-year basis.
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 UBER: side by side
| DASH (DoorDash) | UBER (Uber) | |
|---|---|---|
| 1-year return | -5.6% | -19.3% |
| 5-year return | +20.3% | +94.4% |
| Volatility (ann.) | 44.1% | 36.7% |
| Beta vs S&P 500 | 1.73 | 1.34 |
| Max drawdown (3Y) | -48.0% | -34.1% |
| Market cap | $101.0B | $157.2B |
| P/E (trailing) | 123.3 | 17.2 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Consumer Discretionary | Industrials |
Year-by-year returns
| Year | DASH | UBER |
|---|---|---|
| 2022 | -67.2% | -41.0% |
| 2023 | +102.6% | +149.0% |
| 2024 | +69.6% | -2.0% |
| 2025 | +35.0% | +35.5% |
| 2026 | +2.4% | -5.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DASH and UBER good diversifiers for each other?
To a limited degree. At 0.54 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between DASH and UBER?
Using weekly returns as of 2026-08-27: 0.54 over 3 years, with 0.69 over the last year and 0.54 over 5 years.
Is UBER a good diversifier for DASH?
To a limited degree. At 0.54 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.54 mean?
On the −1 to +1 scale, 0.54 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/dash-vs-uber.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/dash-vs-uber/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: DASH correlations · UBER correlations
