TOST vs TTD: Correlation
How closely do Toast, Inc. (TOST) and Trade Desk (The) (TTD) trade together? Their weekly returns over three years give a correlation of 0.47, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are TOST and TTD?
On 3 years of weekly data the TOST/TTD correlation comes out at 0.47, moderate. Recent behaviour matches the longer record: 0.37 over 1 year against 0.47 over 3. The 5-year figure is 0.39, and annualized covariance runs at 1356.2 %².
Within TOST's tracked universe of 16 assets, TTD comes in at #10 by 3-year correlation. Correlation aside, the last 12 months split them widely, with TOST ahead by 54.7 points (-19.8% versus -74.5%).
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.
TOST vs TTD: side by side
| TOST (Toast, Inc.) | TTD (Trade Desk (The)) | |
|---|---|---|
| 1-year return | -19.8% | -74.5% |
| 5-year return | -43.7% | -83.4% |
| Volatility (ann.) | 47.1% | 60.7% |
| Beta vs S&P 500 | 1.36 | 1.23 |
| Max drawdown (3Y) | -54.7% | -90.7% |
| Market cap | $20.3B | $6.3B |
| P/E (trailing) | 46.9 | 15.4 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | Communication Services |
Year-by-year returns
| Year | TOST | TTD |
|---|---|---|
| 2022 | -48.1% | -51.1% |
| 2023 | +1.3% | +60.5% |
| 2024 | +99.6% | +63.3% |
| 2025 | -2.6% | -67.7% |
| 2026 | -1.0% | -64.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are TOST and TTD good diversifiers for each other?
Reasonably. At 0.47, TOST and TTD keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between TOST and TTD?
Using weekly returns as of 2026-08-27: 0.47 over 3 years, with 0.37 over the last year and 0.39 over 5 years.
Is TTD a good diversifier for TOST?
Reasonably. At 0.47, TOST and TTD keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.47 mean?
A reading of 0.47 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/tost-vs-ttd.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/tost-vs-ttd/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: TOST correlations · TTD correlations
