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DSGX vs FFIV: Correlation

How closely do The Descartes Systems Group Inc. (DSGX) and F5, Inc. (FFIV) trade together? Their weekly returns over three years give a correlation of 0.42, which is moderate.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.42
moderate
Correlation (1Y)
0.43
last 12 months
Correlation (5Y)
0.42
long-run
Ann. covariance
354.7
%² · weekly, annualized

How correlated are DSGX and FFIV?

Over the past 3 years, DSGX and FFIV moved with a correlation of 0.42, which is moderate. Little has changed lately, as the 1-year reading of 0.43 lands near the 3-year figure. Over 5 years the correlation is 0.42, and the annualized covariance of weekly returns is 354.7 %².

Within DSGX's tracked universe of 26 assets, FFIV comes in at #19 by 3-year correlation. Correlation aside, the last 12 months split them widely, with FFIV ahead by 48.2 points (-19.1% versus +29.1%).

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 FFIV: side by side

DSGX (The Descartes Systems Group Inc.)FFIV (F5, Inc.)
1-year return-19.1%+29.1%
5-year return+3.6%+99.3%
Volatility (ann.)31.5%26.6%
Beta vs S&P 5000.860.77
Max drawdown (3Y)-48.7%-34.7%
Market cap$6.9B$23.2B
P/E (trailing)38.631.8
Dividend yield0.00%0.00%
Sector / categoryUS ListedInformation Technology
Lower P/E: FFIV 31.8 vs 38.6Smaller drawdown: FFIV -34.7% vs -48.7%Higher 5y return: FFIV +99.3% vs +3.6%
-42%0%+36%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. DSGX · FFIV

Year-by-year returns

YearDSGXFFIV
2022-15.8%-41.4%
2023+20.7%+24.7%
2024+35.1%+40.5%
2025-22.8%+1.5%
2026-8.0%+60.7%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are DSGX and FFIV good diversifiers for each other?

A fair diversifier. At 0.42, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between DSGX and FFIV?

The DSGX/FFIV correlation stands at 0.42 on a 3-year window (1 year: 0.43, 5 years: 0.42), computed from weekly returns as of 2026-08-27.

Is FFIV a good diversifier for DSGX?

A fair diversifier. At 0.42, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.42 mean?

On the −1 to +1 scale, 0.42 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.

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DSGX vs FFIV: 3-year weekly correlation 0.42DSGX vs FFIV0.42

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Related comparisons

Hubs: DSGX correlations · FFIV correlations