CRM vs VERX: Correlation
Salesforce (CRM) and Vertex, Inc. (VERX) show a moderate relationship: their 3-year correlation of weekly returns is 0.48.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CRM and VERX?
Over the past 3 years, CRM and VERX moved with a correlation of 0.48, which is moderate. Lately the two have moved closer together, with the 1-year correlation at 0.64 versus 0.48 over 3 years. Over 5 years the correlation is 0.46, and the annualized covariance of weekly returns is 975.3 %².
Among the 68 assets we track against CRM, VERX ranks #49 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months CRM outperformed by 45.0 percentage points (+1.6% for CRM against -43.4% for VERX).
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 VERX: side by side
| CRM (Salesforce) | VERX (Vertex, Inc.) | |
|---|---|---|
| 1-year return | +1.6% | -43.4% |
| 5-year return | -3.2% | -33.8% |
| Volatility (ann.) | 37.6% | 53.5% |
| Beta vs S&P 500 | 1.21 | 0.99 |
| Max drawdown (3Y) | -58.7% | -82.1% |
| Market cap | $207.4B | $2.3B |
| P/E (trailing) | 18.8 | 715.0 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | CRM | VERX |
|---|---|---|
| 2022 | -47.8% | -8.6% |
| 2023 | +98.5% | +85.7% |
| 2024 | +27.8% | +98.0% |
| 2025 | -20.2% | -62.6% |
| 2026 | -4.4% | -28.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CRM and VERX good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.48 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between CRM and VERX?
Using weekly returns as of 2026-08-27: 0.48 over 3 years, with 0.64 over the last year and 0.46 over 5 years.
Is VERX a good diversifier for CRM?
Yes, to a useful degree: a correlation of 0.48 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.48 mean?
A reading of 0.48 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-verx.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/crm-vs-verx/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CRM correlations · VERX correlations
