ACA vs ADUS: Correlation
How closely do Arcosa, Inc. (ACA) and Addus HomeCare Corporation (ADUS) trade together? Their weekly returns over three years give a correlation of 0.44, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACA and ADUS?
On 3 years of weekly data the ACA/ADUS correlation comes out at 0.44, moderate. Little has changed lately, as the 1-year reading of 0.38 lands near the 3-year figure. The 5-year figure is 0.28, and annualized covariance runs at 382.3 %².
Among the 23 assets we track against ACA, ADUS ranks #18 by 3-year correlation. Correlation aside, the last 12 months split them widely, with ACA ahead by 44.8 points (+47.0% versus +2.2%).
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
ACA vs ADUS: side by side
| ACA (Arcosa, Inc.) | ADUS (Addus HomeCare Corporation) | |
|---|---|---|
| 1-year return | +47.0% | +2.2% |
| 5-year return | +186.5% | +31.2% |
| Volatility (ann.) | 31.9% | 27.2% |
| Beta vs S&P 500 | 1.23 | 0.41 |
| Max drawdown (3Y) | -36.6% | -34.9% |
| Market cap | $7.1B | $2.2B |
| P/E (trailing) | 32.5 | 20.7 |
| Dividend yield | 0.14% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ACA | ADUS |
|---|---|---|
| 2022 | +3.5% | +6.4% |
| 2023 | +52.5% | -6.7% |
| 2024 | +17.3% | +35.0% |
| 2025 | +10.2% | -14.3% |
| 2026 | +37.0% | +9.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACA and ADUS good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.44 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between ACA and ADUS?
Using weekly returns as of 2026-08-27: 0.44 over 3 years, with 0.38 over the last year and 0.28 over 5 years.
Is ADUS a good diversifier for ACA?
Yes, to a useful degree: a correlation of 0.44 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.44 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/aca-vs-adus.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/aca-vs-adus/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ACA correlations · ADUS correlations
