ACN vs CBOE: Correlation
How closely do Accenture (ACN) and Cboe Global Markets (CBOE) trade together? Their weekly returns over three years give a correlation of 0.31, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACN and CBOE?
On 3 years of weekly data the ACN/CBOE correlation comes out at 0.31, moderate. Recent behaviour matches the longer record: 0.37 over 1 year against 0.31 over 3. The 5-year figure is 0.31, and annualized covariance runs at 264.1 %².
Within ACN's tracked universe of 37 assets, CBOE comes in at #24 by 3-year correlation. Correlation aside, the last 12 months split them widely, with CBOE ahead by 58.1 points (-25.6% versus +32.5%). Do not treat this figure as fixed: across three years the rolling one-year correlation ranged all the way from -0.12 to 0.59.
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.
ACN vs CBOE: side by side
| ACN (Accenture) | CBOE (Cboe Global Markets) | |
|---|---|---|
| 1-year return | -25.6% | +32.5% |
| 5-year return | -39.6% | +168.0% |
| Volatility (ann.) | 32.6% | 26.1% |
| Beta vs S&P 500 | 0.69 | 0.09 |
| Max drawdown (3Y) | -68.2% | -36.7% |
| Market cap | $114.7B | $32.8B |
| P/E (trailing) | 14.5 | 24.5 |
| Dividend yield | 3.59% | 0.92% |
| Sector / category | Information Technology | Financials |
Year-by-year returns
| Year | ACN | CBOE |
|---|---|---|
| 2022 | -34.8% | -2.2% |
| 2023 | +33.6% | +44.4% |
| 2024 | +1.9% | +10.7% |
| 2025 | -22.6% | +29.2% |
| 2026 | -28.7% | +25.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACN and CBOE good diversifiers for each other?
A fair diversifier. At 0.31, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between ACN and CBOE?
As of 2026-08-27, the correlation of weekly returns between ACN and CBOE is 0.31 over 3 years, 0.37 over 1 year and 0.31 over 5 years.
Is CBOE a good diversifier for ACN?
A fair diversifier. At 0.31, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.31 mean?
On the −1 to +1 scale, 0.31 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/acn-vs-cboe.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/acn-vs-cboe/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ACN correlations · CBOE correlations
