CRM vs GDDY: Correlation
Measured on weekly returns over the past three years, Salesforce (CRM) and GoDaddy (GDDY) carry a correlation of 0.44, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CRM and GDDY?
On 3 years of weekly data the CRM/GDDY correlation comes out at 0.44, moderate. Little has changed lately, as the 1-year reading of 0.38 lands near the 3-year figure. The 5-year figure is 0.48, and annualized covariance runs at 560.9 %².
Within CRM's tracked universe of 68 assets, GDDY comes in at #55 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months CRM outperformed by 36.0 percentage points (+1.6% for CRM against -34.4% for GDDY). The rolling one-year correlation moved between 0.34 and 0.66 over the past three years, a moderate range.
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 GDDY: side by side
| CRM (Salesforce) | GDDY (GoDaddy) | |
|---|---|---|
| 1-year return | +1.6% | -34.4% |
| 5-year return | -3.2% | +32.1% |
| Volatility (ann.) | 37.6% | 33.6% |
| Beta vs S&P 500 | 1.21 | 0.93 |
| Max drawdown (3Y) | -58.7% | -65.0% |
| Market cap | $207.4B | $12.3B |
| P/E (trailing) | 18.8 | 14.4 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Information Technology | Information Technology |
Year-by-year returns
| Year | CRM | GDDY |
|---|---|---|
| 2022 | -47.8% | -11.8% |
| 2023 | +98.5% | +41.9% |
| 2024 | +27.8% | +85.9% |
| 2025 | -20.2% | -37.1% |
| 2026 | -4.4% | -21.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CRM and GDDY good diversifiers for each other?
Reasonably. At 0.44, CRM and GDDY keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between CRM and GDDY?
The CRM/GDDY correlation stands at 0.44 on a 3-year window (1 year: 0.38, 5 years: 0.48), computed from weekly returns as of 2026-08-27.
Is GDDY a good diversifier for CRM?
Reasonably. At 0.44, CRM and GDDY keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.44 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/crm-vs-gddy.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/crm-vs-gddy/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CRM correlations · GDDY correlations
