ACN vs MORN: Correlation
Accenture (ACN) and Morningstar, Inc. (MORN) show a moderate relationship: their 3-year correlation of weekly returns is 0.56.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACN and MORN?
Across a 3-year window, the weekly returns of ACN and MORN correlate at 0.56, moderate. Recent behaviour matches the longer record: 0.65 over 1 year against 0.56 over 3. Stretching to 5 years gives 0.61, with an annualized covariance of 560.5 %².
Among the 37 assets we track against ACN, MORN ranks #14 by 3-year correlation. The trailing year gives MORN the advantage: -25.6% versus -16.6%, a 9.0-point spread.
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 MORN: side by side
| ACN (Accenture) | MORN (Morningstar, Inc.) | |
|---|---|---|
| 1-year return | -25.6% | -16.6% |
| 5-year return | -39.6% | -15.1% |
| Volatility (ann.) | 32.6% | 30.5% |
| Beta vs S&P 500 | 0.69 | 0.77 |
| Max drawdown (3Y) | -68.2% | -60.0% |
| Market cap | $114.7B | $8.2B |
| P/E (trailing) | 14.5 | 20.2 |
| Dividend yield | 3.59% | 0.92% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | ACN | MORN |
|---|---|---|
| 2022 | -34.8% | -36.3% |
| 2023 | +33.6% | +33.1% |
| 2024 | +1.9% | +18.3% |
| 2025 | -22.6% | -35.1% |
| 2026 | -28.7% | +1.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACN and MORN good diversifiers for each other?
Somewhat, no more. With 0.56 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between ACN and MORN?
As of 2026-08-27, the correlation of weekly returns between ACN and MORN is 0.56 over 3 years, 0.65 over 1 year and 0.61 over 5 years.
Is MORN a good diversifier for ACN?
Somewhat, no more. With 0.56 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.56 mean?
A reading of 0.56 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/acn-vs-morn.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/acn-vs-morn/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ACN correlations · MORN correlations
