DSP vs HNST: Correlation
Viant Technology Inc. (DSP) and The Honest Company, Inc. (HNST) show a moderate relationship: their 3-year correlation of weekly returns is 0.46.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DSP and HNST?
Over the past 3 years, DSP and HNST moved with a correlation of 0.46, which is moderate. The link has loosened recently: the 1-year correlation (0.33) runs below the 3-year figure (0.46). Over 5 years the correlation is 0.45, and the annualized covariance of weekly returns is 2233.2 %².
Among the 13 assets we track against DSP, HNST ranks #5 by 3-year correlation. The last year tells two different stories: HNST led by 18.2 percentage points, +26.5% for DSP against +44.7% for HNST.
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.
DSP vs HNST: side by side
| DSP (Viant Technology Inc.) | HNST (The Honest Company, Inc.) | |
|---|---|---|
| 1-year return | +26.5% | +44.7% |
| 5-year return | -9.6% | -42.6% |
| Volatility (ann.) | 60.9% | 79.5% |
| Beta vs S&P 500 | 1.57 | 1.81 |
| Max drawdown (3Y) | -68.6% | -75.5% |
| Market cap | $0.8B | $0.6B |
| P/E (trailing) | 34.3 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DSP | HNST |
|---|---|---|
| 2022 | -58.6% | -62.8% |
| 2023 | +71.4% | +9.6% |
| 2024 | +175.6% | +110.0% |
| 2025 | -36.6% | -62.8% |
| 2026 | +5.3% | +123.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DSP and HNST good diversifiers for each other?
Reasonably. At 0.46, DSP and HNST keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between DSP and HNST?
As of 2026-08-27, the correlation of weekly returns between DSP and HNST is 0.46 over 3 years, 0.33 over 1 year and 0.45 over 5 years.
Is HNST a good diversifier for DSP?
Reasonably. At 0.46, DSP and HNST keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.46 mean?
On the −1 to +1 scale, 0.46 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/dsp-vs-hnst.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/dsp-vs-hnst/)
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Related comparisons
Hubs: DSP correlations · HNST correlations
