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CTAS vs SSNC: Correlation

Cintas (CTAS) and SS&C Technologies Holdings, Inc. (SSNC) show a moderate relationship: their 3-year correlation of weekly returns is 0.50.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.50
moderate
Correlation (1Y)
0.49
last 12 months
Correlation (5Y)
0.54
long-run
Ann. covariance
268.5
%² · weekly, annualized

How correlated are CTAS and SSNC?

On 3 years of weekly data the CTAS/SSNC correlation comes out at 0.50, moderate. The relationship has been stable: the 1-year correlation (0.49) sits close to the 3-year figure. The 5-year figure is 0.54, and annualized covariance runs at 268.5 %².

By 3-year correlation, SSNC places #17 of the 38 assets tracked against CTAS. Neither side won the trailing year by much: -3.3% against -5.4%.

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.

CTAS vs SSNC: side by side

CTAS (Cintas)SSNC (SS&C Technologies Holdings, Inc.)
1-year return-3.3%-5.4%
5-year return+117.4%+17.5%
Volatility (ann.)23.2%23.0%
Beta vs S&P 5000.710.82
Max drawdown (3Y)-27.7%-30.4%
Market cap$81.7B$19.6B
P/E (trailing)41.823.8
Dividend yield0.87%1.30%
Sector / categoryIndustrialsUS Listed
Lower P/E: SSNC 23.8 vs 41.8Higher yield: SSNC 1.30% vs 0.87%Smaller drawdown: CTAS -27.7% vs -30.4%Higher 5y return: CTAS +117.4% vs +17.5%
-28%0%+1%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. CTAS · SSNC

Year-by-year returns

YearCTASSSNC
2022+3.0%-35.7%
2023+34.8%+19.2%
2024+22.2%+25.8%
2025+3.8%+16.8%
2026+9.4%-3.8%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are CTAS and SSNC good diversifiers for each other?

To a limited degree. At 0.50 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 CTAS and SSNC?

Using weekly returns as of 2026-08-27: 0.50 over 3 years, with 0.49 over the last year and 0.54 over 5 years.

Is SSNC a good diversifier for CTAS?

To a limited degree. At 0.50 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 0.50 mean?

A reading of 0.50 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/ctas-vs-ssnc.json

CTAS vs SSNC: 3-year weekly correlation 0.50CTAS vs SSNC0.50

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Related comparisons

Hubs: CTAS correlations · SSNC correlations