CRWD vs S: Correlation
Measured on weekly returns over the past three years, CrowdStrike (CRWD) and SentinelOne, Inc. (S) carry a correlation of 0.56, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CRWD and S?
Over the past 3 years, CRWD and S moved with a correlation of 0.56, which is moderate. The link has tightened recently: the 1-year correlation (0.71) runs above the 3-year figure (0.56). Over 5 years the correlation is 0.64, and the annualized covariance of weekly returns is 1370.8 %².
Among the 31 assets we track against CRWD, S ranks #16 by 3-year correlation. Correlation aside, the last 12 months split them widely, with CRWD ahead by 83.4 points (+115.8% versus +32.4%).
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.
CRWD vs S: side by side
| CRWD (CrowdStrike) | S (SentinelOne, Inc.) | |
|---|---|---|
| 1-year return | +115.8% | +32.4% |
| 5-year return | +218.4% | -65.2% |
| Volatility (ann.) | 50.2% | 48.4% |
| Beta vs S&P 500 | 1.87 | 1.43 |
| Max drawdown (3Y) | -44.4% | -60.2% |
| Market cap | $233.4B | $7.8B |
| P/E (trailing) | 3256.6 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | CRWD | S |
|---|---|---|
| 2022 | -48.6% | -71.1% |
| 2023 | +142.5% | +88.1% |
| 2024 | +34.0% | -19.1% |
| 2025 | +37.0% | -32.4% |
| 2026 | +94.5% | +51.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CRWD and S good diversifiers for each other?
To a limited degree. At 0.56 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between CRWD and S?
Using weekly returns as of 2026-08-27: 0.56 over 3 years, with 0.71 over the last year and 0.64 over 5 years.
Is S a good diversifier for CRWD?
To a limited degree. At 0.56 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.56 mean?
A reading of 0.56 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/crwd-vs-s.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/crwd-vs-s/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CRWD correlations · S correlations
