Are CRM and NOW correlated?

CRM and NOW have a 252-day pairwise correlation of 0.76 (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: $165.65
Market cap: $135.7B
Sector: Information Technology
30d return: -6.3%
90d return: -10.7%
252d return: -

NOWUS

ServiceNow, Inc.

Last close: $107.93
Market cap: $111.3B
Sector: Information Technology
30d return: +5.7%
90d return: +5.3%
252d return: -

252-day correlation

0.76tight

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 2026-07-06.