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DDOG vs MO: Correlation

How closely do Datadog (DDOG) and Altria (MO) trade together? Their weekly returns over three years give a correlation of -0.22, which is negative.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
-0.22
negative
Correlation (1Y)
-0.33
last 12 months
Correlation (5Y)
-0.14
long-run
Ann. covariance
-256.4
%² · weekly, annualized

How correlated are DDOG and MO?

Across a 3-year window, the weekly returns of DDOG and MO correlate at -0.22, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.33) than the 3-year average (-0.22). Stretching to 5 years gives -0.14, with an annualized covariance of -256.4 %².

By 3-year correlation, MO places #21 of the 30 assets tracked against DDOG. Their recent paths diverged sharply: over the last 12 months DDOG outperformed by 75.6 percentage points (+84.4% for DDOG against +8.8% for MO). On a rolling one-year basis the correlation drifted between -0.34 and 0.07, a moderate band. Risk is not evenly split, since DDOG carries 2.5 times the volatility of the other side.

+1.0+0.50-0.5-1.020232026-08-27
How the one-year correlation itself moved over the past three years.
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.

DDOG vs MO: side by side

DDOG (Datadog)MO (Altria)
1-year return+84.4%+8.8%
5-year return+77.8%+100.4%
Volatility (ann.)54.6%21.8%
Beta vs S&P 5001.37-0.07
Max drawdown (3Y)-48.6%-16.4%
Market cap$87.2B$113.0B
P/E (trailing)458.414.6
Dividend yield0.00%6.13%
Sector / categoryInformation TechnologyConsumer Staples
Lower P/E: MO 14.6 vs 458.4Higher yield: MO 6.13% vs 0.00%Smaller drawdown: MO -16.4% vs -48.6%Higher 5y return: MO +100.4% vs +77.8%
-23%0%+97%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. DDOG · MO

Year-by-year returns

YearDDOGMO
2022-58.7%+4.4%
2023+65.1%-3.7%
2024+17.7%+40.8%
2025-4.8%+18.2%
2026+78.6%+21.1%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are DDOG and MO good diversifiers for each other?

Yes. With a correlation of -0.22, DDOG and MO have moved largely independently, which makes them a genuinely diversifying pair by historical standards.

FAQ

What is the correlation between DDOG and MO?

Using weekly returns as of 2026-08-27: -0.22 over 3 years, with -0.33 over the last year and -0.14 over 5 years.

Is MO a good diversifier for DDOG?

Yes. With a correlation of -0.22, DDOG and MO have moved largely independently, which makes them a genuinely diversifying pair by historical standards.

What does a correlation of -0.22 mean?

Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.

Use this data

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DDOG vs MO: 3-year weekly correlation -0.22DDOG vs MO-0.22

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Hubs: DDOG correlations · MO correlations