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
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.
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 500 | 1.37 | -0.07 |
| Max drawdown (3Y) | -48.6% | -16.4% |
| Market cap | $87.2B | $113.0B |
| P/E (trailing) | 458.4 | 14.6 |
| Dividend yield | 0.00% | 6.13% |
| Sector / category | Information Technology | Consumer Staples |
Year-by-year returns
| Year | DDOG | MO |
|---|---|---|
| 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.
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Hubs: DDOG correlations · MO correlations