ACIW vs HIPO: Correlation
How closely do ACI Worldwide, Inc. (ACIW) and Hippo Holdings Inc. (HIPO) trade together? Their weekly returns over three years give a correlation of 0.46, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACIW and HIPO?
Over the past 3 years, ACIW and HIPO moved with a correlation of 0.46, which is moderate. Recent behaviour matches the longer record: 0.43 over 1 year against 0.46 over 3. Over 5 years the correlation is 0.37, and the annualized covariance of weekly returns is 1037.3 %².
By 3-year correlation, HIPO places #12 of the 20 assets tracked against ACIW. Their recent paths diverged sharply: over the last 12 months ACIW outperformed by 15.0 percentage points (+11.8% for ACIW against -3.2% for HIPO). Note the risk asymmetry: HIPO runs 1.8 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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 HIPO: side by side
| ACIW (ACI Worldwide, Inc.) | HIPO (Hippo Holdings Inc.) | |
|---|---|---|
| 1-year return | +11.8% | -3.2% |
| 5-year return | +69.0% | -73.4% |
| Volatility (ann.) | 35.3% | 64.1% |
| Beta vs S&P 500 | 1.07 | 1.59 |
| Max drawdown (3Y) | -35.0% | -39.6% |
| Market cap | $5.5B | $0.9B |
| P/E (trailing) | 24.3 | 7.0 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ACIW | HIPO |
|---|---|---|
| 2022 | -33.7% | -80.8% |
| 2023 | +33.0% | -32.9% |
| 2024 | +69.6% | +193.5% |
| 2025 | -7.9% | +12.4% |
| 2026 | +13.4% | +8.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACIW and HIPO good diversifiers for each other?
A fair diversifier. At 0.46, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between ACIW and HIPO?
As of 2026-08-27, the correlation of weekly returns between ACIW and HIPO is 0.46 over 3 years, 0.43 over 1 year and 0.37 over 5 years.
Is HIPO a good diversifier for ACIW?
A fair diversifier. At 0.46, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.46 mean?
A reading of 0.46 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/aciw-vs-hipo.json
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Related comparisons
Hubs: ACIW correlations · HIPO correlations
