GDDY vs TTD: Correlation
How closely do GoDaddy (GDDY) and Trade Desk (The) (TTD) 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
How correlated are GDDY and TTD?
On 3 years of weekly data the GDDY/TTD correlation comes out at 0.42, moderate. The link has loosened recently: the 1-year correlation (0.17) runs below the 3-year figure (0.42). The 5-year figure is 0.39, and annualized covariance runs at 864.9 %².
By 3-year correlation, TTD places #19 of the 32 assets tracked against GDDY. Correlation aside, the last 12 months split them widely, with GDDY ahead by 40.1 points (-34.4% versus -74.5%). The relationship is regime-dependent: the rolling one-year correlation swung between 0.07 and 0.70 over the past three years, so this pair behaves very differently depending on the market environment. Risk is not evenly split, since TTD carries 1.8 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 TTD: side by side
| GDDY (GoDaddy) | TTD (Trade Desk (The)) | |
|---|---|---|
| 1-year return | -34.4% | -74.5% |
| 5-year return | +32.1% | -83.4% |
| Volatility (ann.) | 33.6% | 60.7% |
| Beta vs S&P 500 | 0.93 | 1.23 |
| Max drawdown (3Y) | -65.0% | -90.7% |
| Market cap | $12.3B | $6.3B |
| P/E (trailing) | 14.4 | 15.4 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Information Technology | Communication Services |
Year-by-year returns
| Year | GDDY | TTD |
|---|---|---|
| 2022 | -11.8% | -51.1% |
| 2023 | +41.9% | +60.5% |
| 2024 | +85.9% | +63.3% |
| 2025 | -37.1% | -67.7% |
| 2026 | -21.8% | -64.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GDDY and TTD good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.42 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between GDDY and TTD?
As of 2026-08-27, the correlation of weekly returns between GDDY and TTD is 0.42 over 3 years, 0.17 over 1 year and 0.39 over 5 years.
Is TTD a good diversifier for GDDY?
Yes, to a useful degree: a correlation of 0.42 leaves real independence between the two, which historically damped combined volatility.
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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/gddy-vs-ttd.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/gddy-vs-ttd/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: GDDY correlations · TTD correlations
