CRM vs MDB: Correlation
How closely do Salesforce (CRM) and MongoDB, Inc. (MDB) trade together? Their weekly returns over three years give a correlation of 0.52, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CRM and MDB?
Over the past 3 years, CRM and MDB moved with a correlation of 0.52, which is moderate. The relationship has been stable: the 1-year correlation (0.49) sits close to the 3-year figure. Over 5 years the correlation is 0.55, and the annualized covariance of weekly returns is 1236.6 %².
Among the 68 assets we track against CRM, MDB ranks #41 by 3-year correlation. Correlation aside, the last 12 months split them widely, with MDB ahead by 47.4 points (+1.6% versus +49.0%). One caveat on sizing: MDB is 1.7 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 MDB: side by side
| CRM (Salesforce) | MDB (MongoDB, Inc.) | |
|---|---|---|
| 1-year return | +1.6% | +49.0% |
| 5-year return | -3.2% | +11.2% |
| Volatility (ann.) | 37.6% | 63.4% |
| Beta vs S&P 500 | 1.21 | 1.93 |
| Max drawdown (3Y) | -58.7% | -70.9% |
| Market cap | $207.4B | $35.4B |
| P/E (trailing) | 18.8 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | CRM | MDB |
|---|---|---|
| 2022 | -47.8% | -62.8% |
| 2023 | +98.5% | +107.7% |
| 2024 | +27.8% | -43.1% |
| 2025 | -20.2% | +80.3% |
| 2026 | -4.4% | +5.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CRM and MDB good diversifiers for each other?
Only partially. A correlation of 0.52 means CRM and MDB 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 MDB?
Using weekly returns as of 2026-08-27: 0.52 over 3 years, with 0.49 over the last year and 0.55 over 5 years.
Is MDB a good diversifier for CRM?
Only partially. A correlation of 0.52 means CRM and MDB share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.52 mean?
On the −1 to +1 scale, 0.52 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-mdb.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/crm-vs-mdb/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CRM correlations · MDB correlations
