SSNC vs TYL: Correlation
How closely do SS&C Technologies Holdings, Inc. (SSNC) and Tyler Technologies (TYL) trade together? Their weekly returns over three years give a correlation of 0.54, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SSNC and TYL?
On 3 years of weekly data the SSNC/TYL correlation comes out at 0.54, moderate. Recent behaviour matches the longer record: 0.54 over 1 year against 0.54 over 3. The 5-year figure is 0.57, and annualized covariance runs at 371.0 %².
Within SSNC's tracked universe of 25 assets, TYL comes in at #13 by 3-year correlation. The last year tells two different stories: SSNC led by 28.6 percentage points, -5.4% for SSNC against -34.0% for TYL.
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.
SSNC vs TYL: side by side
| SSNC (SS&C Technologies Holdings, Inc.) | TYL (Tyler Technologies) | |
|---|---|---|
| 1-year return | -5.4% | -34.0% |
| 5-year return | +17.5% | -22.5% |
| Volatility (ann.) | 23.0% | 29.6% |
| Beta vs S&P 500 | 0.82 | 0.61 |
| Max drawdown (3Y) | -30.4% | -57.4% |
| Market cap | $19.6B | $15.1B |
| P/E (trailing) | 23.8 | 46.3 |
| Dividend yield | 1.30% | 0.00% |
| Sector / category | US Listed | Information Technology |
Year-by-year returns
| Year | SSNC | TYL |
|---|---|---|
| 2022 | -35.7% | -40.1% |
| 2023 | +19.2% | +29.7% |
| 2024 | +25.8% | +37.9% |
| 2025 | +16.8% | -21.3% |
| 2026 | -3.8% | -18.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SSNC and TYL good diversifiers for each other?
To a limited degree. At 0.54 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 SSNC and TYL?
Using weekly returns as of 2026-08-27: 0.54 over 3 years, with 0.54 over the last year and 0.57 over 5 years.
Is TYL a good diversifier for SSNC?
To a limited degree. At 0.54 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 0.54 mean?
On the −1 to +1 scale, 0.54 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/ssnc-vs-tyl.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ssnc-vs-tyl/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: SSNC correlations · TYL correlations
