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TBLA vs XMTR: Correlation

Measured on weekly returns over the past three years, Taboola.com Ltd. (TBLA) and Xometry, Inc. (XMTR) carry a correlation of 0.49, a moderate link.

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

Correlation (3Y)
0.49
moderate
Correlation (1Y)
0.61
last 12 months
Correlation (5Y)
0.39
long-run
Ann. covariance
1955.2
%² · weekly, annualized

How correlated are TBLA and XMTR?

Over the past 3 years, TBLA and XMTR moved with a correlation of 0.49, which is moderate. The past 12 months show a tighter link (0.61) than the 3-year average (0.49). Over 5 years the correlation is 0.39, and the annualized covariance of weekly returns is 1955.2 %².

Few assets follow TBLA as closely as XMTR, which ranks #3 of 16 tracked partners. Correlation aside, the last 12 months split them widely, with XMTR ahead by 91.4 points (+11.5% versus +102.9%). One caveat on sizing: XMTR is 1.8 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.

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.

TBLA vs XMTR: side by side

TBLA (Taboola.com Ltd.)XMTR (Xometry, Inc.)
1-year return+11.5%+102.9%
5-year return-57.5%+31.7%
Volatility (ann.)47.2%83.8%
Beta vs S&P 5001.172.60
Max drawdown (3Y)-47.8%-70.4%
Market cap$1.0B$5.5B
P/E (trailing)9.7
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: TBLA -47.8% vs -70.4%Higher 5y return: XMTR +31.7% vs -57.5%
-26%0%+98%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. TBLA · XMTR

Year-by-year returns

YearTBLAXMTR
2022-60.4%-37.1%
2023+40.6%+11.4%
2024-15.7%+18.8%
2025+26.3%+39.4%
2026-18.2%+61.9%

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

Are TBLA and XMTR good diversifiers for each other?

A fair diversifier. At 0.49, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between TBLA and XMTR?

The TBLA/XMTR correlation stands at 0.49 on a 3-year window (1 year: 0.61, 5 years: 0.39), computed from weekly returns as of 2026-08-27.

Is XMTR a good diversifier for TBLA?

A fair diversifier. At 0.49, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.49 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

JSON API · no key required
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TBLA vs XMTR: 3-year weekly correlation 0.49TBLA vs XMTR0.49

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Related comparisons

Hubs: TBLA correlations · XMTR correlations