GDDY vs SEB: Correlation
GoDaddy (GDDY) and Seaboard Corporation (SEB) show a negative relationship: their 3-year correlation of weekly returns is -0.23.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GDDY and SEB?
Over the past 3 years, GDDY and SEB moved with a correlation of -0.23, which is negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.24 over 1 year against -0.23 over 3. Over 5 years the correlation is -0.08, and the annualized covariance of weekly returns is -253.1 %².
Within GDDY's tracked universe of 32 assets, SEB comes in at #27 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months SEB outperformed by 39.2 percentage points (-34.4% for GDDY against +4.8% for SEB).
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 SEB: side by side
| GDDY (GoDaddy) | SEB (Seaboard Corporation) | |
|---|---|---|
| 1-year return | -34.4% | +4.8% |
| 5-year return | +32.1% | -4.5% |
| Volatility (ann.) | 33.6% | 32.8% |
| Beta vs S&P 500 | 0.93 | -0.07 |
| Max drawdown (3Y) | -65.0% | -37.7% |
| Market cap | $12.3B | $3.8B |
| P/E (trailing) | 14.4 | 6.0 |
| Dividend yield | 0.00% | 0.22% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | GDDY | SEB |
|---|---|---|
| 2022 | -11.8% | -3.8% |
| 2023 | +41.9% | -5.2% |
| 2024 | +85.9% | -31.7% |
| 2025 | -37.1% | +83.5% |
| 2026 | -21.8% | -11.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GDDY and SEB good diversifiers for each other?
By historical standards, yes. A correlation of -0.23 means the two rarely move for the same reasons.
FAQ
What is the correlation between GDDY and SEB?
The GDDY/SEB correlation stands at -0.23 on a 3-year window (1 year: -0.24, 5 years: -0.08), computed from weekly returns as of 2026-08-27.
Is SEB a good diversifier for GDDY?
By historical standards, yes. A correlation of -0.23 means the two rarely move for the same reasons.
What does a correlation of -0.23 mean?
On the −1 to +1 scale, -0.23 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/gddy-vs-seb.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/gddy-vs-seb/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: GDDY correlations · SEB correlations
