ACN vs DOX: Correlation
Accenture (ACN) and Amdocs Limited (DOX) show a strong relationship: their 3-year correlation of weekly returns is 0.66.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACN and DOX?
On 3 years of weekly data the ACN/DOX correlation comes out at 0.66, strong. Lately the two have moved closer together, with the 1-year correlation at 0.77 versus 0.66 over 3 years. The 5-year figure is 0.63, and annualized covariance runs at 460.3 %².
By 3-year correlation, DOX places #4 of the 37 assets tracked against ACN. Neither side won the trailing year by much: -25.6% against -25.6%. Note the risk asymmetry: ACN runs 1.5 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.
ACN vs DOX: side by side
| ACN (Accenture) | DOX (Amdocs Limited) | |
|---|---|---|
| 1-year return | -25.6% | -25.6% |
| 5-year return | -39.6% | -8.4% |
| Volatility (ann.) | 32.6% | 21.3% |
| Beta vs S&P 500 | 0.69 | 0.54 |
| Max drawdown (3Y) | -68.2% | -45.5% |
| Market cap | $114.7B | $6.5B |
| P/E (trailing) | 14.5 | 14.8 |
| Dividend yield | 3.59% | 3.52% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | ACN | DOX |
|---|---|---|
| 2022 | -34.8% | +23.8% |
| 2023 | +33.6% | -1.4% |
| 2024 | +1.9% | -0.9% |
| 2025 | -22.6% | -3.1% |
| 2026 | -28.7% | -20.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACN and DOX good diversifiers for each other?
To a limited degree. At 0.66 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between ACN and DOX?
As of 2026-08-27, the correlation of weekly returns between ACN and DOX is 0.66 over 3 years, 0.77 over 1 year and 0.63 over 5 years.
Is DOX a good diversifier for ACN?
To a limited degree. At 0.66 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.66 mean?
On the −1 to +1 scale, 0.66 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-dox.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/acn-vs-dox/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ACN correlations · DOX correlations
