ACN vs IT: Correlation
How closely do Accenture (ACN) and Gartner (IT) trade together? Their weekly returns over three years give a correlation of 0.62, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACN and IT?
Across a 3-year window, the weekly returns of ACN and IT correlate at 0.62, strong. Little has changed lately, as the 1-year reading of 0.65 lands near the 3-year figure. Stretching to 5 years gives 0.64, with an annualized covariance of 821.4 %².
Within ACN's tracked universe of 37 assets, IT comes in at #8 by 3-year correlation. Over the last 12 months IT came out ahead by 5.4 percentage points (-25.6% against -20.2%). The rolling one-year correlation moved between 0.38 and 0.76 over the past three years, a moderate range.
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 IT: side by side
| ACN (Accenture) | IT (Gartner) | |
|---|---|---|
| 1-year return | -25.6% | -20.2% |
| 5-year return | -39.6% | -36.0% |
| Volatility (ann.) | 32.6% | 40.6% |
| Beta vs S&P 500 | 0.69 | 0.92 |
| Max drawdown (3Y) | -68.2% | -77.2% |
| Market cap | $114.7B | $12.4B |
| P/E (trailing) | 14.5 | 17.4 |
| Dividend yield | 3.59% | 0.00% |
| Sector / category | Information Technology | Information Technology |
Year-by-year returns
| Year | ACN | IT |
|---|---|---|
| 2022 | -34.8% | +0.5% |
| 2023 | +33.6% | +34.2% |
| 2024 | +1.9% | +7.4% |
| 2025 | -22.6% | -47.9% |
| 2026 | -28.7% | -22.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACN and IT good diversifiers for each other?
To a limited degree. At 0.62 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 IT?
As of 2026-08-27, the correlation of weekly returns between ACN and IT is 0.62 over 3 years, 0.65 over 1 year and 0.64 over 5 years.
Is IT a good diversifier for ACN?
To a limited degree. At 0.62 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 0.62 mean?
On the −1 to +1 scale, 0.62 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-it.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/acn-vs-it/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ACN correlations · IT correlations
