SMWB vs TENB: Correlation
Similarweb Ltd. (SMWB) and Tenable Holdings, Inc. (TENB) show a moderate relationship: their 3-year correlation of weekly returns is 0.46.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SMWB and TENB?
Across a 3-year window, the weekly returns of SMWB and TENB correlate at 0.46, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.63 versus 0.46 over 3 years. Stretching to 5 years gives 0.44, with an annualized covariance of 1305.3 %².
By 3-year correlation, TENB places #4 of the 13 assets tracked against SMWB. Correlation aside, the last 12 months split them widely, with TENB ahead by 28.9 points (-5.9% versus +23.0%). Risk is not evenly split, since SMWB carries 1.6 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.
SMWB vs TENB: side by side
| SMWB (Similarweb Ltd.) | TENB (Tenable Holdings, Inc.) | |
|---|---|---|
| 1-year return | -5.9% | +23.0% |
| 5-year return | -52.1% | -16.1% |
| Volatility (ann.) | 68.1% | 41.5% |
| Beta vs S&P 500 | 0.91 | 1.04 |
| Max drawdown (3Y) | -86.7% | -69.1% |
| Market cap | $0.8B | $4.1B |
| P/E (trailing) | – | 537.4 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | SMWB | TENB |
|---|---|---|
| 2022 | -64.1% | -30.7% |
| 2023 | -17.1% | +20.7% |
| 2024 | +165.9% | -14.5% |
| 2025 | -47.1% | -40.2% |
| 2026 | +22.7% | +59.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SMWB and TENB 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 SMWB and TENB?
As of 2026-08-27, the correlation of weekly returns between SMWB and TENB is 0.46 over 3 years, 0.63 over 1 year and 0.44 over 5 years.
Is TENB a good diversifier for SMWB?
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?
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/smwb-vs-tenb.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/smwb-vs-tenb/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: SMWB correlations · TENB correlations
