ICE vs SSNC: Correlation
Intercontinental Exchange (ICE) and SS&C Technologies Holdings, Inc. (SSNC) show a moderate relationship: their 3-year correlation of weekly returns is 0.57.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ICE and SSNC?
Across a 3-year window, the weekly returns of ICE and SSNC correlate at 0.57, moderate. Little has changed lately, as the 1-year reading of 0.56 lands near the 3-year figure. Stretching to 5 years gives 0.62, with an annualized covariance of 278.7 %².
Among the 31 assets we track against ICE, SSNC ranks #4 by 3-year correlation. Their 12-month results are close: -7.9% for ICE against -5.4% for SSNC.
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.
ICE vs SSNC: side by side
| ICE (Intercontinental Exchange) | SSNC (SS&C Technologies Holdings, Inc.) | |
|---|---|---|
| 1-year return | -7.9% | -5.4% |
| 5-year return | +44.2% | +17.5% |
| Volatility (ann.) | 21.2% | 23.0% |
| Beta vs S&P 500 | 0.62 | 0.82 |
| Max drawdown (3Y) | -33.9% | -30.4% |
| Market cap | $90.5B | $19.6B |
| P/E (trailing) | 22.7 | 23.8 |
| Dividend yield | 1.24% | 1.30% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | ICE | SSNC |
|---|---|---|
| 2022 | -23.9% | -35.7% |
| 2023 | +27.1% | +19.2% |
| 2024 | +17.5% | +25.8% |
| 2025 | +9.9% | +16.8% |
| 2026 | +0.2% | -3.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ICE and SSNC good diversifiers for each other?
Somewhat, no more. With 0.57 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between ICE and SSNC?
Using weekly returns as of 2026-08-27: 0.57 over 3 years, with 0.56 over the last year and 0.62 over 5 years.
Is SSNC a good diversifier for ICE?
Somewhat, no more. With 0.57 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.57 mean?
A reading of 0.57 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/ice-vs-ssnc.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/ice-vs-ssnc/)
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Related comparisons
Hubs: ICE correlations · SSNC correlations
