CRM vs DT: Correlation
Salesforce (CRM) and Dynatrace, Inc. (DT) show a strong relationship: their 3-year correlation of weekly returns is 0.64.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CRM and DT?
On 3 years of weekly data the CRM/DT correlation comes out at 0.64, strong. Recent behaviour matches the longer record: 0.71 over 1 year against 0.64 over 3. The 5-year figure is 0.64, and annualized covariance runs at 827.7 %².
Within CRM's tracked universe of 68 assets, DT comes in at #6 by 3-year correlation. The trailing year gives DT the advantage: +1.6% versus +6.6%, a 5.0-point spread.
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 DT: side by side
| CRM (Salesforce) | DT (Dynatrace, Inc.) | |
|---|---|---|
| 1-year return | +1.6% | +6.6% |
| 5-year return | -3.2% | -21.5% |
| Volatility (ann.) | 37.6% | 34.3% |
| Beta vs S&P 500 | 1.21 | 1.02 |
| Max drawdown (3Y) | -58.7% | -48.2% |
| Market cap | $207.4B | $15.5B |
| P/E (trailing) | 18.8 | 102.8 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | CRM | DT |
|---|---|---|
| 2022 | -47.8% | -36.5% |
| 2023 | +98.5% | +42.8% |
| 2024 | +27.8% | -0.6% |
| 2025 | -20.2% | -20.3% |
| 2026 | -4.4% | +23.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CRM and DT good diversifiers for each other?
Only partially. A correlation of 0.64 means CRM and DT 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 DT?
As of 2026-08-27, the correlation of weekly returns between CRM and DT is 0.64 over 3 years, 0.71 over 1 year and 0.64 over 5 years.
Is DT a good diversifier for CRM?
Only partially. A correlation of 0.64 means CRM and DT share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.64 mean?
On the −1 to +1 scale, 0.64 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-dt.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/crm-vs-dt/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CRM correlations · DT correlations
