ACIW vs CVRX: Correlation
How closely do ACI Worldwide, Inc. (ACIW) and CVRx, Inc. (CVRX) trade together? Their weekly returns over three years give a correlation of 0.33, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACIW and CVRX?
On 3 years of weekly data the ACIW/CVRX correlation comes out at 0.33, moderate. Little has changed lately, as the 1-year reading of 0.36 lands near the 3-year figure. The 5-year figure is 0.28, and annualized covariance runs at 1200.5 %².
CVRX is close to the least connected end of ACIW's tracked universe, ranking #16 of 20. Their recent paths diverged sharply: over the last 12 months ACIW outperformed by 71.6 percentage points (+11.8% for ACIW against -59.8% for CVRX). One caveat on sizing: CVRX is 2.9 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
ACIW vs CVRX: side by side
| ACIW (ACI Worldwide, Inc.) | CVRX (CVRx, Inc.) | |
|---|---|---|
| 1-year return | +11.8% | -59.8% |
| 5-year return | +69.0% | -84.4% |
| Volatility (ann.) | 35.3% | 101.8% |
| Beta vs S&P 500 | 1.07 | 0.65 |
| Max drawdown (3Y) | -35.0% | -92.8% |
| Market cap | $5.5B | $0.1B |
| P/E (trailing) | 24.3 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ACIW | CVRX |
|---|---|---|
| 2022 | -33.7% | +50.0% |
| 2023 | +33.0% | +71.3% |
| 2024 | +69.6% | -59.7% |
| 2025 | -7.9% | -44.0% |
| 2026 | +13.4% | -57.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACIW and CVRX good diversifiers for each other?
Reasonably. At 0.33, ACIW and CVRX keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between ACIW and CVRX?
The ACIW/CVRX correlation stands at 0.33 on a 3-year window (1 year: 0.36, 5 years: 0.28), computed from weekly returns as of 2026-08-27.
Is CVRX a good diversifier for ACIW?
Reasonably. At 0.33, ACIW and CVRX keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.33 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/aciw-vs-cvrx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/aciw-vs-cvrx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ACIW correlations · CVRX correlations
