DDOG vs TENB: Correlation
How closely do Datadog (DDOG) and Tenable Holdings, Inc. (TENB) trade together? Their weekly returns over three years give a correlation of 0.49, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DDOG and TENB?
On 3 years of weekly data the DDOG/TENB correlation comes out at 0.49, moderate. The relationship has been stable: the 1-year correlation (0.47) sits close to the 3-year figure. The 5-year figure is 0.50, and annualized covariance runs at 1119.6 %².
By 3-year correlation, TENB places #15 of the 30 assets tracked against DDOG. Their recent paths diverged sharply: over the last 12 months DDOG outperformed by 61.4 percentage points (+84.4% for DDOG against +23.0% for TENB).
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 TENB: side by side
| DDOG (Datadog) | TENB (Tenable Holdings, Inc.) | |
|---|---|---|
| 1-year return | +84.4% | +23.0% |
| 5-year return | +77.8% | -16.1% |
| Volatility (ann.) | 54.6% | 41.5% |
| Beta vs S&P 500 | 1.37 | 1.04 |
| Max drawdown (3Y) | -48.6% | -69.1% |
| Market cap | $87.2B | $4.1B |
| P/E (trailing) | 458.4 | 537.4 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | DDOG | TENB |
|---|---|---|
| 2022 | -58.7% | -30.7% |
| 2023 | +65.1% | +20.7% |
| 2024 | +17.7% | -14.5% |
| 2025 | -4.8% | -40.2% |
| 2026 | +78.6% | +59.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DDOG and TENB 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 TENB?
As of 2026-08-27, the correlation of weekly returns between DDOG and TENB is 0.49 over 3 years, 0.47 over 1 year and 0.50 over 5 years.
Is TENB 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?
A reading of 0.49 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/ddog-vs-tenb.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/ddog-vs-tenb/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: DDOG correlations · TENB correlations
