NOW SERVICENOW, INC.

together opposite · bar = ρ at each lag, −10 … 0 … +10 days · holdout ρ · click a card for the full picture

NOW vs IGV

Both indexed to 100 at 2026-05-11.

NOW IGV · range 93–174 · 2026-05-11 → 2026-11-06

Same day, ranked by what's left after the market and sector factors are removed ("beyond mkt").

IGV iShares Expanded Tech-Software Sector ETF

ρ +0.75beyond mkt +0.47holdout +0.78stable 100%robust

WCLD WisdomTree Trust WisdomTree Cloud Computing Fund

ρ +0.78beyond mkt +0.45holdout +0.82stable 100%robust

HUBS HUBSPOT, INC.

ρ +0.76beyond mkt +0.45holdout +0.81stable 100%robust

TEAM Atlassian Corporation Class A Common Stock

ρ +0.75beyond mkt +0.44holdout +0.84stable 100%robust

CRM Salesforce, Inc.

ρ +0.75beyond mkt +0.44holdout +0.76stable 100%robust

SKYY First Trust Cloud Computing ETF

ρ +0.67beyond mkt +0.35holdout +0.66stable 100%robust

Biggest shifts in same-day correlation over the last 63 trading days versus the year before.

ACTG Acacia Research Corporation (Acacia Tech) Common Stock

Δ -0.50recent -0.35prior +0.15beyond mkt -0.03

XPER Xperi Inc

Δ -0.48recent -0.16prior +0.32beyond mkt -0.04

GAME GameSquare Holdings, Inc. Common Stock

Δ -0.45recent -0.30prior +0.15beyond mkt -0.03

MPLX MPLX LP

Δ -0.44recent -0.30prior +0.14beyond mkt +0.02

RYZ RYERSON HOLDING CORPORATION

Δ -0.39recent -0.33prior +0.06beyond mkt -0.01

QNST QuinStreet, Inc. Common Stock

Δ -0.39recent +0.06prior +0.45beyond mkt -0.01

Strong beyond-the-market co-movement with few shared neighbours.

Symbol	beyond mkt	raw ρ	shared
IGV iShares Expanded Tech-Software Sector ETF	+0.47	+0.75	16
TEAM Atlassian Corporation Class A Common Stock	+0.44	+0.75	17
WCLD WisdomTree Trust WisdomTree Cloud Computing Fund	+0.45	+0.78	19
HUBS HUBSPOT, INC.	+0.45	+0.76	20
CRM Salesforce, Inc.	+0.44	+0.75	20