ACN vs GLW: Correlation
Measured on weekly returns over the past three years, Accenture (ACN) and Corning Inc. (GLW) carry a correlation of -0.21, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACN and GLW?
On 3 years of weekly data the ACN/GLW correlation comes out at -0.21, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.45) runs below the 3-year figure (-0.21). The 5-year figure is -0.00, and annualized covariance runs at -285.6 %².
Within ACN's tracked universe of 37 assets, GLW comes in at #30 by 3-year correlation. Correlation aside, the last 12 months split them widely, with GLW ahead by 155.3 points (-25.6% versus +129.7%). This link changes with the market regime, having swung between -0.50 and 0.56 on a rolling one-year basis.
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 GLW: side by side
| ACN (Accenture) | GLW (Corning Inc.) | |
|---|---|---|
| 1-year return | -25.6% | +129.7% |
| 5-year return | -39.6% | +331.4% |
| Volatility (ann.) | 32.6% | 42.1% |
| Beta vs S&P 500 | 0.69 | 1.15 |
| Max drawdown (3Y) | -68.2% | -51.5% |
| Market cap | $114.7B | $131.6B |
| P/E (trailing) | 14.5 | 70.4 |
| Dividend yield | 3.59% | 0.73% |
| Sector / category | Information Technology | Information Technology |
Year-by-year returns
| Year | ACN | GLW |
|---|---|---|
| 2022 | -34.8% | -11.6% |
| 2023 | +33.6% | -1.2% |
| 2024 | +1.9% | +60.6% |
| 2025 | -22.6% | +87.8% |
| 2026 | -28.7% | +75.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACN and GLW good diversifiers for each other?
Yes: at -0.21, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between ACN and GLW?
Using weekly returns as of 2026-08-27: -0.21 over 3 years, with -0.45 over the last year and -0.00 over 5 years.
Is GLW a good diversifier for ACN?
Yes: at -0.21, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.21 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-glw.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/acn-vs-glw/)
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Related comparisons
Hubs: ACN correlations · GLW correlations
