FROG vs QLYS: Correlation
JFrog Ltd. (FROG) and Qualys, Inc. (QLYS) show a moderate relationship: their 3-year correlation of weekly returns is 0.57.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FROG and QLYS?
Across a 3-year window, the weekly returns of FROG and QLYS correlate at 0.57, moderate. The relationship has been stable: the 1-year correlation (0.63) sits close to the 3-year figure. Stretching to 5 years gives 0.56, with an annualized covariance of 1414.9 %².
In FROG's tracked universe of 15 assets, QLYS sits right near the top at #1. The last year tells two different stories: FROG led by 72.3 percentage points, +112.3% for FROG against +40.0% for QLYS.
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.
FROG vs QLYS: side by side
| FROG (JFrog Ltd.) | QLYS (Qualys, Inc.) | |
|---|---|---|
| 1-year return | +112.3% | +40.0% |
| 5-year return | +167.6% | +62.5% |
| Volatility (ann.) | 56.8% | 43.5% |
| Beta vs S&P 500 | 1.24 | 1.09 |
| Max drawdown (3Y) | -49.6% | -63.0% |
| Market cap | $12.8B | $6.5B |
| P/E (trailing) | – | 30.7 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FROG | QLYS |
|---|---|---|
| 2022 | -28.2% | -18.2% |
| 2023 | +62.3% | +74.9% |
| 2024 | -15.0% | -28.6% |
| 2025 | +112.4% | -5.2% |
| 2026 | +66.6% | +41.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FROG and QLYS good diversifiers for each other?
Only partially. A correlation of 0.57 means FROG and QLYS 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 FROG and QLYS?
As of 2026-08-27, the correlation of weekly returns between FROG and QLYS is 0.57 over 3 years, 0.63 over 1 year and 0.56 over 5 years.
Is QLYS a good diversifier for FROG?
Only partially. A correlation of 0.57 means FROG and QLYS share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.57 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/frog-vs-qlys.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/frog-vs-qlys/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: FROG correlations · QLYS correlations
