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GDDY vs RPD: Correlation

How closely do GoDaddy (GDDY) and Rapid7, Inc. (RPD) trade together? Their weekly returns over three years give a correlation of 0.46, which is moderate.

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

Correlation (3Y)
0.46
moderate
Correlation (1Y)
0.53
last 12 months
Correlation (5Y)
0.51
long-run
Ann. covariance
880.1
%² · weekly, annualized

How correlated are GDDY and RPD?

Across a 3-year window, the weekly returns of GDDY and RPD correlate at 0.46, moderate. Little has changed lately, as the 1-year reading of 0.53 lands near the 3-year figure. Stretching to 5 years gives 0.51, with an annualized covariance of 880.1 %².

Among the 32 assets we track against GDDY, RPD ranks #15 by 3-year correlation. Twelve-month performance is nearly a tie, at -34.4% for GDDY and -34.7% for RPD. Risk is not evenly split, since RPD carries 1.7 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.

GDDY vs RPD: side by side

GDDY (GoDaddy)RPD (Rapid7, Inc.)
1-year return-34.4%-34.7%
5-year return+32.1%-88.9%
Volatility (ann.)33.6%56.3%
Beta vs S&P 5000.931.42
Max drawdown (3Y)-65.0%-91.8%
Market cap$12.3B$0.9B
P/E (trailing)14.437.5
Dividend yield0.00%0.00%
Sector / categoryInformation TechnologyUS Listed
Lower P/E: GDDY 14.4 vs 37.5Smaller drawdown: GDDY -65.0% vs -91.8%Higher 5y return: GDDY +32.1% vs -88.9%
-75%0%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. GDDY · RPD

Year-by-year returns

YearGDDYRPD
2022-11.8%-71.1%
2023+41.9%+68.0%
2024+85.9%-29.5%
2025-37.1%-62.2%
2026-21.8%-11.2%

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

Are GDDY and RPD good diversifiers for each other?

A fair diversifier. At 0.46, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between GDDY and RPD?

The GDDY/RPD correlation stands at 0.46 on a 3-year window (1 year: 0.53, 5 years: 0.51), computed from weekly returns as of 2026-08-27.

Is RPD a good diversifier for GDDY?

A fair diversifier. At 0.46, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.46 mean?

A reading of 0.46 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.

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GDDY vs RPD: 3-year weekly correlation 0.46GDDY vs RPD0.46

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Hubs: GDDY correlations · RPD correlations