ROP correlations (Roper Technologies)
Every correlation that matters for ROP: the assets it tracks, the ones that offset it, and where it sits among 4756 US stocks and ETFs.
Data as of 2026-08-27 · refreshed every trading day · Information Technology · Electronic Equipment & Instruments
Volatility (ann.)
20.5%
3y weekly
Beta vs S&P 500
0.55
3y weekly
1-year return
-19.3%
price, adjusted
5-year return
-9.6%
price, adjusted
Market cap
$41.8B
latest
P/E ratio
17.6
trailing
Dividend yield
0.86%
trailing
Max drawdown
-46.5%
3y, daily closes
ROP over the last 12 months, weekly closes indexed to 100 at the start.
Stocks and ETFs most correlated with ROP
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| ADP | Automatic Data Processing | 0.65 | |
| PAYX | Paychex | 0.62 | |
| EXLS | ExlService Holdings, Inc. | 0.61 | |
| BR | Broadridge Financial Solutions | 0.61 | |
| MCO | Moody's Corporation | 0.59 | |
| TYL | Tyler Technologies | 0.59 | |
| V | Visa Inc. | 0.58 | |
| AJG | Arthur J. Gallagher & Co. | 0.58 | |
| MA | Mastercard | 0.57 | |
| CBZ | CBIZ, Inc. | 0.57 | |
| USMV | iShares MSCI USA Min Vol Factor ETF | 0.57 | |
| GIB | CGI Inc. | 0.57 | |
| FDS | FactSet | 0.57 | |
| FIS | Fidelity National Information Services | 0.57 | |
| MRSH | Marsh McLennan | 0.56 |
Best diversifiers for ROP
If the goal is offsetting ROP, these tracked assets have historically moved the most on their own terms.
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| VXZ | iPath Series B S&P 500 VIX Mid-Term Futures ETN | -0.37 | |
| VXX | iPath Series B S&P 500 VIX Short-Term Futures ETN | -0.31 | |
| JDZG | JIADE LIMITED - Class A | -0.30 | |
| FNGD | MicroSectors FANG Index -3X Inverse Leveraged ETNs due | -0.29 | |
| RIME | Algorhythm Holdings, Inc. | -0.26 | |
| DGZ | DB Gold Short ETN due February 15, 2038 | -0.25 | |
| PUMP | ProPetro Holding Corp. | -0.25 | |
| SKM | SK Telecom Co., Ltd. | -0.23 | |
| VAL | Valaris Limited | -0.21 | |
| BWA | BorgWarner Inc. | -0.20 |
ROP vs benchmarks
ROP vs its peers
Get ROP data as JSON
$ curl https://www.pairbook.io/api/v1/symbols/rop.jsonCorrelations, diversifiers, beta and volatility for ROP, plus one endpoint per pair. API documentation.
ROP inside major ETFs
| ETF | ROP weight | |
|---|---|---|
| EFA | iShares MSCI EAFE ETF | 1.42% |
| IEFA | iShares Core MSCI EAFE ETF | 1.22% |
| USMV | iShares MSCI USA Min Vol Factor ETF | 1.02% |
| VEA | Vanguard FTSE Developed Markets ETF | 0.97% |
| ACWI | iShares MSCI ACWI ETF | 0.34% |
| VT | Vanguard Total World Stock ETF | 0.28% |
| XLK | Technology Select Sector SPDR Fund | 0.28% |
| RSP | Invesco S&P 500 Equal Weight ETF | 0.23% |
| QQQ | Invesco QQQ Trust | 0.18% |
| QQQM | Invesco Nasdaq 100 ETF | 0.18% |
