ACN vs ROP: Correlation
How closely do Accenture (ACN) and Roper Technologies (ROP) trade together? Their weekly returns over three years give a correlation of 0.51, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACN and ROP?
Across a 3-year window, the weekly returns of ACN and ROP correlate at 0.51, moderate. Recent behaviour matches the longer record: 0.49 over 1 year against 0.51 over 3. Stretching to 5 years gives 0.59, with an annualized covariance of 342.3 %².
Among the 37 assets we track against ACN, ROP ranks #20 by 3-year correlation. Over the last 12 months ROP came out ahead by 6.3 percentage points (-25.6% against -19.3%). Across three years, the rolling one-year figure varied moderately, from 0.36 to 0.63. Note the risk asymmetry: ACN runs 1.6 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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 ROP: side by side
| ACN (Accenture) | ROP (Roper Technologies) | |
|---|---|---|
| 1-year return | -25.6% | -19.3% |
| 5-year return | -39.6% | -9.6% |
| Volatility (ann.) | 32.6% | 20.5% |
| Beta vs S&P 500 | 0.69 | 0.55 |
| Max drawdown (3Y) | -68.2% | -46.5% |
| Market cap | $114.7B | $41.8B |
| P/E (trailing) | 14.5 | 17.6 |
| Dividend yield | 3.59% | 0.86% |
| Sector / category | Information Technology | Information Technology |
Year-by-year returns
| Year | ACN | ROP |
|---|---|---|
| 2022 | -34.8% | -11.6% |
| 2023 | +33.6% | +26.9% |
| 2024 | +1.9% | -4.1% |
| 2025 | -22.6% | -13.8% |
| 2026 | -28.7% | -4.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACN and ROP good diversifiers for each other?
To a limited degree. At 0.51 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 ROP?
Using weekly returns as of 2026-08-27: 0.51 over 3 years, with 0.49 over the last year and 0.59 over 5 years.
Is ROP a good diversifier for ACN?
To a limited degree. At 0.51 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 0.51 mean?
A reading of 0.51 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-rop.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/acn-vs-rop/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ACN correlations · ROP correlations
