GDDY vs TWLO: Correlation
How closely do GoDaddy (GDDY) and Twilio Inc. (TWLO) trade together? Their weekly returns over three years give a correlation of 0.53, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GDDY and TWLO?
On 3 years of weekly data the GDDY/TWLO correlation comes out at 0.53, moderate. The past 12 months show a weaker link (0.42) than the 3-year average (0.53). The 5-year figure is 0.53, and annualized covariance runs at 918.5 %².
TWLO is one of the assets that tracks GDDY most closely: it ranks #3 out of the 32 assets we track against GDDY. The last year tells two different stories: TWLO led by 168.4 percentage points, -34.4% for GDDY against +134.0% for TWLO. Risk is not evenly split, since TWLO carries 1.5 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 TWLO: side by side
| GDDY (GoDaddy) | TWLO (Twilio Inc.) | |
|---|---|---|
| 1-year return | -34.4% | +134.0% |
| 5-year return | +32.1% | -34.2% |
| Volatility (ann.) | 33.6% | 52.0% |
| Beta vs S&P 500 | 0.93 | 1.38 |
| Max drawdown (3Y) | -65.0% | -45.2% |
| Market cap | $12.3B | $37.1B |
| P/E (trailing) | 14.4 | 33.3 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | GDDY | TWLO |
|---|---|---|
| 2022 | -11.8% | -81.4% |
| 2023 | +41.9% | +55.0% |
| 2024 | +85.9% | +42.5% |
| 2025 | -37.1% | +31.6% |
| 2026 | -21.8% | +69.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GDDY and TWLO good diversifiers for each other?
Only partially. A correlation of 0.53 means GDDY and TWLO 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 GDDY and TWLO?
The GDDY/TWLO correlation stands at 0.53 on a 3-year window (1 year: 0.42, 5 years: 0.53), computed from weekly returns as of 2026-08-27.
Is TWLO a good diversifier for GDDY?
Only partially. A correlation of 0.53 means GDDY and TWLO share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.53 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/gddy-vs-twlo.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/gddy-vs-twlo/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: GDDY correlations · TWLO correlations
