ACN vs GIB: Correlation
Measured on weekly returns over the past three years, Accenture (ACN) and CGI Inc. (GIB) carry a correlation of 0.72, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACN and GIB?
Over the past 3 years, ACN and GIB moved with a correlation of 0.72, which is strong. Recent behaviour matches the longer record: 0.79 over 1 year against 0.72 over 3. Over 5 years the correlation is 0.70, and the annualized covariance of weekly returns is 548.4 %².
In ACN's tracked universe of 37 assets, GIB sits right near the top at #2. Twelve-month performance is nearly a tie, at -25.6% for ACN and -22.4% for GIB.
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 GIB: side by side
| ACN (Accenture) | GIB (CGI Inc.) | |
|---|---|---|
| 1-year return | -25.6% | -22.4% |
| 5-year return | -39.6% | -16.0% |
| Volatility (ann.) | 32.6% | 23.3% |
| Beta vs S&P 500 | 0.69 | 0.57 |
| Max drawdown (3Y) | -68.2% | -49.6% |
| Market cap | $114.7B | $15.4B |
| P/E (trailing) | 14.5 | 12.6 |
| Dividend yield | 3.59% | 0.90% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | ACN | GIB |
|---|---|---|
| 2022 | -34.8% | -2.7% |
| 2023 | +33.6% | +24.5% |
| 2024 | +1.9% | +2.1% |
| 2025 | -22.6% | -15.3% |
| 2026 | -28.7% | -18.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACN and GIB good diversifiers for each other?
Somewhat, no more. With 0.72 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between ACN and GIB?
The ACN/GIB correlation stands at 0.72 on a 3-year window (1 year: 0.79, 5 years: 0.70), computed from weekly returns as of 2026-08-27.
Is GIB a good diversifier for ACN?
Somewhat, no more. With 0.72 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.72 mean?
On the −1 to +1 scale, 0.72 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-gib.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/acn-vs-gib/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ACN correlations · GIB correlations
