DIS vs EDTK: Correlation
Measured on weekly returns over the past three years, Walt Disney Company (The) (DIS) and Skillful Craftsman Education Technology Limited (EDTK) carry a correlation of -0.20, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DIS and EDTK?
Across a 3-year window, the weekly returns of DIS and EDTK correlate at -0.20, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (0.02) runs above the 3-year figure (-0.20). Stretching to 5 years gives -0.13, with an annualized covariance of -248.6 %².
Within DIS's tracked universe of 37 assets, EDTK comes in at #32 by 3-year correlation. Over the last 12 months DIS came out ahead by 10.0 percentage points (-8.2% against -18.2%). Risk is not evenly split, since EDTK carries 1.6 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.
DIS vs EDTK: side by side
| DIS (Walt Disney Company (The)) | EDTK (Skillful Craftsman Education Technology Limited) | |
|---|---|---|
| 1-year return | -8.2% | -18.2% |
| 5-year return | -38.8% | -41.9% |
| Volatility (ann.) | 27.7% | 45.4% |
| Beta vs S&P 500 | 0.96 | -0.09 |
| Max drawdown (3Y) | -32.9% | -35.4% |
| Market cap | $184.4B | – |
| P/E (trailing) | 22.6 | – |
| Dividend yield | 1.37% | 0.00% |
| Sector / category | Communication Services | US Listed |
Year-by-year returns
| Year | DIS | EDTK |
|---|---|---|
| 2022 | -43.9% | +52.4% |
| 2023 | +4.3% | -12.5% |
| 2024 | +24.4% | -19.8% |
| 2025 | +3.3% | -10.9% |
| 2026 | -5.4% | +0.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DIS and EDTK good diversifiers for each other?
Yes. With a correlation of -0.20, DIS and EDTK have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between DIS and EDTK?
As of 2026-08-27, the correlation of weekly returns between DIS and EDTK is -0.20 over 3 years, 0.02 over 1 year and -0.13 over 5 years.
Is EDTK a good diversifier for DIS?
Yes. With a correlation of -0.20, DIS and EDTK have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.20 mean?
A reading of -0.20 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/dis-vs-edtk.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/dis-vs-edtk/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: DIS correlations · EDTK correlations
