DSGX vs DSP: Correlation
How closely do The Descartes Systems Group Inc. (DSGX) and Viant Technology Inc. (DSP) trade together? Their weekly returns over three years give a correlation of 0.50, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DSGX and DSP?
On 3 years of weekly data the DSGX/DSP correlation comes out at 0.50, moderate. The relationship has been stable: the 1-year correlation (0.59) sits close to the 3-year figure. The 5-year figure is 0.44, and annualized covariance runs at 959.2 %².
By 3-year correlation, DSP places #12 of the 26 assets tracked against DSGX. Their recent paths diverged sharply: over the last 12 months DSP outperformed by 45.6 percentage points (-19.1% for DSGX against +26.5% for DSP). Risk is not evenly split, since DSP carries 1.9 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.
DSGX vs DSP: side by side
| DSGX (The Descartes Systems Group Inc.) | DSP (Viant Technology Inc.) | |
|---|---|---|
| 1-year return | -19.1% | +26.5% |
| 5-year return | +3.6% | -9.6% |
| Volatility (ann.) | 31.5% | 60.9% |
| Beta vs S&P 500 | 0.86 | 1.57 |
| Max drawdown (3Y) | -48.7% | -68.6% |
| Market cap | $6.9B | $0.8B |
| P/E (trailing) | 38.6 | 34.3 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DSGX | DSP |
|---|---|---|
| 2022 | -15.8% | -58.6% |
| 2023 | +20.7% | +71.4% |
| 2024 | +35.1% | +175.6% |
| 2025 | -22.8% | -36.6% |
| 2026 | -8.0% | +5.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DSGX and DSP good diversifiers for each other?
Only partially. A correlation of 0.50 means DSGX and DSP share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between DSGX and DSP?
The DSGX/DSP correlation stands at 0.50 on a 3-year window (1 year: 0.59, 5 years: 0.44), computed from weekly returns as of 2026-08-27.
Is DSP a good diversifier for DSGX?
Only partially. A correlation of 0.50 means DSGX and DSP share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.50 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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Related comparisons
Hubs: DSGX correlations · DSP correlations
