ACN vs CTSH: Correlation
Accenture (ACN) and Cognizant (CTSH) show a very strong relationship: their 3-year correlation of weekly returns is 0.83.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACN and CTSH?
Over the past 3 years, ACN and CTSH moved with a correlation of 0.83, which is very strong, meaning they move nearly in lockstep. Little has changed lately, as the 1-year reading of 0.86 lands near the 3-year figure. Over 5 years the correlation is 0.79, and the annualized covariance of weekly returns is 875.0 %².
CTSH is one of the assets that tracks ACN most closely: it ranks #1 out of the 37 assets we track against ACN. The last year tells two different stories: CTSH led by 15.8 percentage points, -25.6% for ACN against -9.8% for CTSH. On a rolling one-year basis the correlation drifted between 0.50 and 0.86, a moderate band.
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 CTSH: side by side
| ACN (Accenture) | CTSH (Cognizant) | |
|---|---|---|
| 1-year return | -25.6% | -9.8% |
| 5-year return | -39.6% | -9.6% |
| Volatility (ann.) | 32.6% | 32.3% |
| Beta vs S&P 500 | 0.69 | 0.89 |
| Max drawdown (3Y) | -68.2% | -56.1% |
| Market cap | $114.7B | $28.7B |
| P/E (trailing) | 14.5 | 13.3 |
| Dividend yield | 3.59% | 2.09% |
| Sector / category | Information Technology | Information Technology |
Year-by-year returns
| Year | ACN | CTSH |
|---|---|---|
| 2022 | -34.8% | -34.5% |
| 2023 | +33.6% | +34.4% |
| 2024 | +1.9% | +3.5% |
| 2025 | -22.6% | +9.7% |
| 2026 | -28.7% | -21.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACN and CTSH good diversifiers for each other?
No: a correlation of 0.83 means ACN and CTSH tend to fall together, which is precisely when diversification is supposed to help.
FAQ
What is the correlation between ACN and CTSH?
Using weekly returns as of 2026-08-27: 0.83 over 3 years, with 0.86 over the last year and 0.79 over 5 years.
Is CTSH a good diversifier for ACN?
No: a correlation of 0.83 means ACN and CTSH tend to fall together, which is precisely when diversification is supposed to help.
What does a correlation of 0.83 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/acn-vs-ctsh.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/acn-vs-ctsh/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ACN correlations · CTSH correlations
