DCBO vs WIX: Correlation
Measured on weekly returns over the past three years, Docebo Inc. (DCBO) and Wix.com Ltd. (WIX) carry a correlation of 0.48, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DCBO and WIX?
Over the past 3 years, DCBO and WIX moved with a correlation of 0.48, which is moderate. The link has tightened recently: the 1-year correlation (0.63) runs above the 3-year figure (0.48). Over 5 years the correlation is 0.52, and the annualized covariance of weekly returns is 1263.8 %².
WIX is one of the assets that tracks DCBO most closely: it ranks #3 out of the 12 assets we track against DCBO. Correlation aside, the last 12 months split them widely, with DCBO ahead by 19.0 points (-18.1% versus -37.1%).
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.
DCBO vs WIX: side by side
| DCBO (Docebo Inc.) | WIX (Wix.com Ltd.) | |
|---|---|---|
| 1-year return | -18.1% | -37.1% |
| 5-year return | -69.8% | -61.8% |
| Volatility (ann.) | 45.4% | 58.2% |
| Beta vs S&P 500 | 1.27 | 1.22 |
| Max drawdown (3Y) | -73.0% | -83.6% |
| Market cap | $0.6B | $3.6B |
| P/E (trailing) | 22.1 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DCBO | WIX |
|---|---|---|
| 2022 | -50.8% | -51.3% |
| 2023 | +46.0% | +60.1% |
| 2024 | -7.5% | +74.4% |
| 2025 | -50.4% | -51.6% |
| 2026 | +14.3% | -17.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DCBO and WIX good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.48 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between DCBO and WIX?
Using weekly returns as of 2026-08-27: 0.48 over 3 years, with 0.63 over the last year and 0.52 over 5 years.
Is WIX a good diversifier for DCBO?
Yes, to a useful degree: a correlation of 0.48 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.48 mean?
On the −1 to +1 scale, 0.48 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/dcbo-vs-wix.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/dcbo-vs-wix/)
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Related comparisons
Hubs: DCBO correlations · WIX correlations
