CCC vs NDAQ: Correlation
Measured on weekly returns over the past three years, CCC Intelligent Solutions Holdings Inc. (CCC) and Nasdaq, Inc. (NDAQ) carry a correlation of 0.52, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CCC and NDAQ?
On 3 years of weekly data the CCC/NDAQ correlation comes out at 0.52, moderate. The relationship has been stable: the 1-year correlation (0.57) sits close to the 3-year figure. The 5-year figure is 0.48, and annualized covariance runs at 476.7 %².
By 3-year correlation, NDAQ places #10 of the 21 assets tracked against CCC. Their recent paths diverged sharply: over the last 12 months NDAQ outperformed by 28.8 percentage points (-22.7% for CCC against +6.1% for NDAQ). Risk is not evenly split, since CCC carries 1.7 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.
CCC vs NDAQ: side by side
| CCC (CCC Intelligent Solutions Holdings Inc.) | NDAQ (Nasdaq, Inc.) | |
|---|---|---|
| 1-year return | -22.7% | +6.1% |
| 5-year return | -30.0% | +64.4% |
| Volatility (ann.) | 39.5% | 23.2% |
| Beta vs S&P 500 | 0.83 | 0.80 |
| Max drawdown (3Y) | -68.4% | -23.4% |
| Market cap | $4.5B | $55.5B |
| P/E (trailing) | 108.6 | 29.0 |
| Dividend yield | 0.00% | 1.13% |
| Sector / category | US Listed | Financials |
Year-by-year returns
| Year | CCC | NDAQ |
|---|---|---|
| 2022 | -23.6% | -11.2% |
| 2023 | +30.9% | -3.7% |
| 2024 | +3.0% | +34.8% |
| 2025 | -32.2% | +27.2% |
| 2026 | -4.4% | +3.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CCC and NDAQ good diversifiers for each other?
To a limited degree. At 0.52 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between CCC and NDAQ?
As of 2026-08-27, the correlation of weekly returns between CCC and NDAQ is 0.52 over 3 years, 0.57 over 1 year and 0.48 over 5 years.
Is NDAQ a good diversifier for CCC?
To a limited degree. At 0.52 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.52 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/ccc-vs-ndaq.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ccc-vs-ndaq/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CCC correlations · NDAQ correlations
