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ESTC correlations (Elastic N.V.)

ESTC measured against 4756 US stocks and ETFs: closest co-movers on one side, the best offsets on the other, all from weekly returns.

Data as of 2026-08-27 · refreshed every trading day · US Listed

Volatility (ann.)
55.1%
3y weekly
Beta vs S&P 500
1.44
3y weekly
1-year return
+0.5%
price, adjusted
5-year return
-47.3%
price, adjusted
Market cap
$8.7B
latest
P/E ratio
23.1
trailing
Max drawdown
-67.6%
3y, daily closes
-50%0%+5%2025-09-052026-08-27
ESTC over the last 12 months, weekly closes indexed to 100 at the start.

Stocks and ETFs most correlated with ESTC

AssetCorrelation (3Y)
SNOWSnowflake Inc.0.62
CRMSalesforce0.57
WDAYWorkday, Inc.0.56
DTDynatrace, Inc.0.55
GTLBGitLab Inc.0.54

Best diversifiers for ESTC

These are the assets whose returns had the least to do with ESTC's, historically the most independent picks in our universe.

AssetCorrelation (3Y)
FNGDMicroSectors FANG Index -3X Inverse Leveraged ETNs due-0.40
VXXiPath Series B S&P 500 VIX Short-Term Futures ETN-0.33
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN-0.32

ESTC vs benchmarks

ESTC vs SPY 0.38 ESTC vs QQQ 0.38

Get ESTC data as JSON

Free API · no key required
$ curl https://www.pairbook.io/api/v1/symbols/estc.json

Correlations, diversifiers, beta and volatility for ESTC, plus one endpoint per pair. API documentation.