Are CRM and NOW correlated?

CRM and NOW have a 252-day pairwise correlation of 0.71 (tight). Values above 0.6 indicate the two stocks tend to move together as part of the same capital flow; below 0.4 they're largely independent.

Do CRM and NOW share any ETFs?

Yes - 1 ETFs hold both CRM and NOW, including IGV.

Which bubbles or themes do CRM and NOW share?

CRM and NOW share these AI-supercycle groupings: Enterprise SaaS AI (bubble).

Stock comparison

CRM vs NOW

Salesforce, Inc. and ServiceNow, Inc. - both members of Enterprise SaaS AI.

CRMUS

Salesforce, Inc.

Last close: $213.65
Market cap: $175.8B
Sector: Information Technology
30d return: -8.7%
90d return: +30.9%
252d return: -

NOWUS

ServiceNow, Inc.

Last close: $101.97
Market cap: $105.8B
Sector: Information Technology
30d return: -24.8%
90d return: -3.6%
252d return: -

252-day correlation

0.71tight

Pearson correlation of daily log-returns over the last 252 trading days. >0.6 = tight (move as one bloc); 0.4-0.6 = thematic linkage;<0.4 = largely independent. See the full matrix.

Shared context

Bubbles

Enterprise SaaS AI

ETFs (1)

IGV

Want the full picture? CRM stock page · NOW stock page · full correlation matrix

Data refreshes daily. Last close 2026-11-08.