CRM vs ORCL: Correlation
How closely do Salesforce (CRM) and Oracle Corporation (ORCL) trade together? Their weekly returns over three years give a correlation of 0.38, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CRM and ORCL?
Over the past 3 years, CRM and ORCL moved with a correlation of 0.38, which is moderate. Little has changed lately, as the 1-year reading of 0.41 lands near the 3-year figure. Over 5 years the correlation is 0.40, and the annualized covariance of weekly returns is 716.6 %².
By 3-year correlation, ORCL places #58 of the 68 assets tracked against CRM. Correlation aside, the last 12 months split them widely, with CRM ahead by 36.4 points (+1.6% versus -34.8%). The rolling one-year correlation moved between 0.22 and 0.60 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 ORCL: side by side
| CRM (Salesforce) | ORCL (Oracle Corporation) | |
|---|---|---|
| 1-year return | +1.6% | -34.8% |
| 5-year return | -3.2% | +81.7% |
| Volatility (ann.) | 37.6% | 49.9% |
| Beta vs S&P 500 | 1.21 | 1.71 |
| Max drawdown (3Y) | -58.7% | -64.6% |
| Market cap | $207.4B | $437.7B |
| P/E (trailing) | 18.8 | 25.5 |
| Dividend yield | 0.00% | 1.34% |
| Sector / category | Information Technology | Information Technology |
Year-by-year returns
| Year | CRM | ORCL |
|---|---|---|
| 2022 | -47.8% | -4.6% |
| 2023 | +98.5% | +30.9% |
| 2024 | +27.8% | +60.0% |
| 2025 | -20.2% | +18.1% |
| 2026 | -4.4% | -21.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CRM and ORCL good diversifiers for each other?
Reasonably. At 0.38, CRM and ORCL keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between CRM and ORCL?
As of 2026-08-27, the correlation of weekly returns between CRM and ORCL is 0.38 over 3 years, 0.41 over 1 year and 0.40 over 5 years.
Is ORCL a good diversifier for CRM?
Reasonably. At 0.38, CRM and ORCL keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.38 mean?
A reading of 0.38 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/crm-vs-orcl.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/crm-vs-orcl/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CRM correlations · ORCL correlations
