SPGI vs SSNC: Correlation
Measured on weekly returns over the past three years, S&P Global (SPGI) and SS&C Technologies Holdings, Inc. (SSNC) carry a correlation of 0.62, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SPGI and SSNC?
On 3 years of weekly data the SPGI/SSNC correlation comes out at 0.62, strong. The relationship has been stable: the 1-year correlation (0.55) sits close to the 3-year figure. The 5-year figure is 0.68, and annualized covariance runs at 353.7 %².
By 3-year correlation, SSNC places #7 of the 40 assets tracked against SPGI. Over the last 12 months SSNC came out ahead by 10.2 percentage points (-15.6% 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.
SPGI vs SSNC: side by side
| SPGI (S&P Global) | SSNC (SS&C Technologies Holdings, Inc.) | |
|---|---|---|
| 1-year return | -15.6% | -5.4% |
| 5-year return | +8.1% | +17.5% |
| Volatility (ann.) | 24.7% | 23.0% |
| Beta vs S&P 500 | 0.86 | 0.82 |
| Max drawdown (3Y) | -30.5% | -30.4% |
| Market cap | $128.4B | $19.6B |
| P/E (trailing) | 26.6 | 23.8 |
| Dividend yield | 0.88% | 1.30% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | SPGI | SSNC |
|---|---|---|
| 2022 | -28.4% | -35.7% |
| 2023 | +32.8% | +19.2% |
| 2024 | +13.9% | +25.8% |
| 2025 | +5.7% | +16.8% |
| 2026 | -11.3% | -3.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SPGI and SSNC good diversifiers for each other?
Only partially. A correlation of 0.62 means SPGI and SSNC share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between SPGI and SSNC?
As of 2026-08-27, the correlation of weekly returns between SPGI and SSNC is 0.62 over 3 years, 0.55 over 1 year and 0.68 over 5 years.
Is SSNC a good diversifier for SPGI?
Only partially. A correlation of 0.62 means SPGI and SSNC share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.62 mean?
On the −1 to +1 scale, 0.62 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/spgi-vs-ssnc.json
Embed this badge (it refreshes with the data), with attribution:
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Related comparisons
Hubs: SPGI correlations · SSNC correlations
