CRTO vs TENB: Correlation
Criteo S.A. (CRTO) and Tenable Holdings, Inc. (TENB) show a moderate relationship: their 3-year correlation of weekly returns is 0.36.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CRTO and TENB?
Over the past 3 years, CRTO and TENB moved with a correlation of 0.36, which is moderate. Recent behaviour matches the longer record: 0.38 over 1 year against 0.36 over 3. Over 5 years the correlation is 0.28, and the annualized covariance of weekly returns is 661.7 %².
By 3-year correlation, TENB places #5 of the 11 assets tracked against CRTO. Their recent paths diverged sharply: over the last 12 months TENB outperformed by 53.4 percentage points (-30.4% for CRTO against +23.0% for TENB).
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.
CRTO vs TENB: side by side
| CRTO (Criteo S.A.) | TENB (Tenable Holdings, Inc.) | |
|---|---|---|
| 1-year return | -30.4% | +23.0% |
| 5-year return | -55.0% | -16.1% |
| Volatility (ann.) | 44.1% | 41.5% |
| Beta vs S&P 500 | 0.62 | 1.04 |
| Max drawdown (3Y) | -68.1% | -69.1% |
| Market cap | $0.8B | $4.1B |
| P/E (trailing) | 8.7 | 537.4 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CRTO | TENB |
|---|---|---|
| 2022 | -33.0% | -30.7% |
| 2023 | -2.8% | +20.7% |
| 2024 | +56.2% | -14.5% |
| 2025 | -47.9% | -40.2% |
| 2026 | -16.4% | +59.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CRTO and TENB good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.36 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between CRTO and TENB?
The CRTO/TENB correlation stands at 0.36 on a 3-year window (1 year: 0.38, 5 years: 0.28), computed from weekly returns as of 2026-08-27.
Is TENB a good diversifier for CRTO?
Yes, to a useful degree: a correlation of 0.36 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.36 mean?
A reading of 0.36 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/crto-vs-tenb.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/crto-vs-tenb/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CRTO correlations · TENB correlations
