ACCO vs DLX: Correlation
Measured on weekly returns over the past three years, Acco Brands Corporation (ACCO) and Deluxe Corporation (DLX) carry a correlation of 0.61, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACCO and DLX?
Over the past 3 years, ACCO and DLX moved with a correlation of 0.61, which is strong. Lately the two have drifted apart, with the 1-year correlation at 0.42 versus 0.61 over 3 years. Over 5 years the correlation is 0.61, and the annualized covariance of weekly returns is 978.8 %².
DLX is one of the assets that tracks ACCO most closely: it ranks #3 out of the 22 assets we track against ACCO. The trailing year gives DLX the advantage: +17.8% versus +25.3%, a 7.5-point spread.
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.
ACCO vs DLX: side by side
| ACCO (Acco Brands Corporation) | DLX (Deluxe Corporation) | |
|---|---|---|
| 1-year return | +17.8% | +25.3% |
| 5-year return | -36.8% | -19.3% |
| Volatility (ann.) | 40.3% | 39.8% |
| Beta vs S&P 500 | 1.19 | 1.08 |
| Max drawdown (3Y) | -50.0% | -40.9% |
| Market cap | $0.4B | $1.1B |
| P/E (trailing) | 6.8 | 10.8 |
| Dividend yield | 7.16% | 5.08% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ACCO | DLX |
|---|---|---|
| 2022 | -29.2% | -44.4% |
| 2023 | +15.3% | +34.9% |
| 2024 | -8.7% | +11.3% |
| 2025 | -23.1% | +5.6% |
| 2026 | +22.5% | +9.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACCO and DLX good diversifiers for each other?
Only partially. A correlation of 0.61 means ACCO and DLX share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between ACCO and DLX?
Using weekly returns as of 2026-08-27: 0.61 over 3 years, with 0.42 over the last year and 0.61 over 5 years.
Is DLX a good diversifier for ACCO?
Only partially. A correlation of 0.61 means ACCO and DLX share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.61 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/acco-vs-dlx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/acco-vs-dlx/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ACCO correlations · DLX correlations
