DDOG vs RDVT: Correlation
Datadog (DDOG) and Red Violet, Inc. (RDVT) show a moderate relationship: their 3-year correlation of weekly returns is 0.49.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DDOG and RDVT?
Over the past 3 years, DDOG and RDVT moved with a correlation of 0.49, which is moderate. The link has tightened recently: the 1-year correlation (0.73) runs above the 3-year figure (0.49). Over 5 years the correlation is 0.42, and the annualized covariance of weekly returns is 1193.6 %².
By 3-year correlation, RDVT places #13 of the 30 assets tracked against DDOG. The last year tells two different stories: DDOG led by 38.3 percentage points, +84.4% for DDOG against +46.1% for RDVT.
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 RDVT: side by side
| DDOG (Datadog) | RDVT (Red Violet, Inc.) | |
|---|---|---|
| 1-year return | +84.4% | +46.1% |
| 5-year return | +77.8% | +153.0% |
| Volatility (ann.) | 54.6% | 45.1% |
| Beta vs S&P 500 | 1.37 | 1.12 |
| Max drawdown (3Y) | -48.6% | -42.1% |
| Market cap | $87.2B | $1.2B |
| P/E (trailing) | 458.4 | 63.2 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | DDOG | RDVT |
|---|---|---|
| 2022 | -58.7% | -42.0% |
| 2023 | +65.1% | -13.2% |
| 2024 | +17.7% | +81.3% |
| 2025 | -4.8% | +58.6% |
| 2026 | +78.6% | +26.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DDOG and RDVT good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.49 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between DDOG and RDVT?
Using weekly returns as of 2026-08-27: 0.49 over 3 years, with 0.73 over the last year and 0.42 over 5 years.
Is RDVT a good diversifier for DDOG?
Yes, to a useful degree: a correlation of 0.49 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.49 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
$ curl https://www.pairbook.io/api/v1/pairs/ddog-vs-rdvt.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/ddog-vs-rdvt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: DDOG correlations · RDVT correlations
