ACN vs JKHY: Correlation
Measured on weekly returns over the past three years, Accenture (ACN) and Jack Henry & Associates (JKHY) carry a correlation of 0.46, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACN and JKHY?
Over the past 3 years, ACN and JKHY moved with a correlation of 0.46, which is moderate. Little has changed lately, as the 1-year reading of 0.51 lands near the 3-year figure. Over 5 years the correlation is 0.48, and the annualized covariance of weekly returns is 346.8 %².
Within ACN's tracked universe of 37 assets, JKHY comes in at #22 by 3-year correlation. The last year tells two different stories: JKHY led by 31.4 percentage points, -25.6% for ACN against +5.8% for JKHY. On a rolling one-year basis the correlation drifted between 0.28 and 0.62, 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 JKHY: side by side
| ACN (Accenture) | JKHY (Jack Henry & Associates) | |
|---|---|---|
| 1-year return | -25.6% | +5.8% |
| 5-year return | -39.6% | +2.6% |
| Volatility (ann.) | 32.6% | 23.0% |
| Beta vs S&P 500 | 0.69 | 0.21 |
| Max drawdown (3Y) | -68.2% | -35.4% |
| Market cap | $114.7B | $12.1B |
| P/E (trailing) | 14.5 | 24.7 |
| Dividend yield | 3.59% | 1.38% |
| Sector / category | Information Technology | Financials |
Year-by-year returns
| Year | ACN | JKHY |
|---|---|---|
| 2022 | -34.8% | +6.2% |
| 2023 | +33.6% | -5.7% |
| 2024 | +1.9% | +8.7% |
| 2025 | -22.6% | +5.5% |
| 2026 | -28.7% | -6.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACN and JKHY good diversifiers for each other?
Reasonably. At 0.46, ACN and JKHY keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between ACN and JKHY?
The ACN/JKHY correlation stands at 0.46 on a 3-year window (1 year: 0.51, 5 years: 0.48), computed from weekly returns as of 2026-08-27.
Is JKHY a good diversifier for ACN?
Reasonably. At 0.46, ACN and JKHY keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.46 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-jkhy.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/acn-vs-jkhy/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ACN correlations · JKHY correlations
