CRM vs IOT: Correlation
How closely do Salesforce (CRM) and Samsara Inc. (IOT) trade together? Their weekly returns over three years give a correlation of 0.64, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CRM and IOT?
On 3 years of weekly data the CRM/IOT correlation comes out at 0.64, strong. Recent behaviour matches the longer record: 0.64 over 1 year against 0.64 over 3. The 5-year figure is 0.55, and annualized covariance runs at 1431.3 %².
By 3-year correlation, IOT places #7 of the 68 assets tracked against CRM. Correlation aside, the last 12 months split them widely, with IOT ahead by 15.8 points (+1.6% versus +17.4%). One caveat on sizing: IOT is 1.6 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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 IOT: side by side
| CRM (Salesforce) | IOT (Samsara Inc.) | |
|---|---|---|
| 1-year return | +1.6% | +17.4% |
| 5-year return | -3.2% | +69.5% |
| Volatility (ann.) | 37.6% | 59.7% |
| Beta vs S&P 500 | 1.21 | 1.74 |
| Max drawdown (3Y) | -58.7% | -60.2% |
| Market cap | $207.4B | – |
| P/E (trailing) | 18.8 | 418.7 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | CRM | IOT |
|---|---|---|
| 2022 | -47.8% | -55.8% |
| 2023 | +98.5% | +168.5% |
| 2024 | +27.8% | +30.9% |
| 2025 | -20.2% | -18.9% |
| 2026 | -4.4% | +18.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CRM and IOT good diversifiers for each other?
Somewhat, no more. With 0.64 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between CRM and IOT?
The CRM/IOT correlation stands at 0.64 on a 3-year window (1 year: 0.64, 5 years: 0.55), computed from weekly returns as of 2026-08-27.
Is IOT a good diversifier for CRM?
Somewhat, no more. With 0.64 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.64 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-iot.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/crm-vs-iot/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CRM correlations · IOT correlations
