CRM vs DSGX: Correlation
Measured on weekly returns over the past three years, Salesforce (CRM) and The Descartes Systems Group Inc. (DSGX) carry a correlation of 0.60, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CRM and DSGX?
Across a 3-year window, the weekly returns of CRM and DSGX correlate at 0.60, strong. Recent behaviour matches the longer record: 0.67 over 1 year against 0.60 over 3. Stretching to 5 years gives 0.62, with an annualized covariance of 707.4 %².
Among the 68 assets we track against CRM, DSGX ranks #16 by 3-year correlation. The last year tells two different stories: CRM led by 20.7 percentage points, +1.6% for CRM against -19.1% for DSGX.
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.
CRM vs DSGX: side by side
| CRM (Salesforce) | DSGX (The Descartes Systems Group Inc.) | |
|---|---|---|
| 1-year return | +1.6% | -19.1% |
| 5-year return | -3.2% | +3.6% |
| Volatility (ann.) | 37.6% | 31.5% |
| Beta vs S&P 500 | 1.21 | 0.86 |
| Max drawdown (3Y) | -58.7% | -48.7% |
| Market cap | $207.4B | $6.9B |
| P/E (trailing) | 18.8 | 38.6 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | CRM | DSGX |
|---|---|---|
| 2022 | -47.8% | -15.8% |
| 2023 | +98.5% | +20.7% |
| 2024 | +27.8% | +35.1% |
| 2025 | -20.2% | -22.8% |
| 2026 | -4.4% | -8.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CRM and DSGX good diversifiers for each other?
Only partially. A correlation of 0.60 means CRM and DSGX 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 CRM and DSGX?
The CRM/DSGX correlation stands at 0.60 on a 3-year window (1 year: 0.67, 5 years: 0.62), computed from weekly returns as of 2026-08-27.
Is DSGX a good diversifier for CRM?
Only partially. A correlation of 0.60 means CRM and DSGX share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.60 mean?
On the −1 to +1 scale, 0.60 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/crm-vs-dsgx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/crm-vs-dsgx/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CRM correlations · DSGX correlations
