ADP vs JKHY: Correlation
Measured on weekly returns over the past three years, Automatic Data Processing (ADP) and Jack Henry & Associates (JKHY) carry a correlation of 0.50, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ADP and JKHY?
On 3 years of weekly data the ADP/JKHY correlation comes out at 0.50, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.62 versus 0.50 over 3 years. The 5-year figure is 0.49, and annualized covariance runs at 248.4 %².
By 3-year correlation, JKHY places #20 of the 43 assets tracked against ADP. On 12-month performance JKHY holds a 9.3-point edge, -3.5% against +5.8%. On a rolling one-year basis the correlation drifted between 0.24 and 0.67, 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.
ADP vs JKHY: side by side
| ADP (Automatic Data Processing) | JKHY (Jack Henry & Associates) | |
|---|---|---|
| 1-year return | -3.5% | +5.8% |
| 5-year return | +52.0% | +2.6% |
| Volatility (ann.) | 21.7% | 23.0% |
| Beta vs S&P 500 | 0.53 | 0.21 |
| Max drawdown (3Y) | -40.8% | -35.4% |
| Market cap | $113.1B | $12.1B |
| P/E (trailing) | 26.0 | 24.7 |
| Dividend yield | 2.36% | 1.38% |
| Sector / category | Industrials | Financials |
Year-by-year returns
| Year | ADP | JKHY |
|---|---|---|
| 2022 | -1.3% | +6.2% |
| 2023 | -0.2% | -5.7% |
| 2024 | +28.4% | +8.7% |
| 2025 | -10.2% | +5.5% |
| 2026 | +12.4% | -6.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ADP and JKHY good diversifiers for each other?
To a limited degree. At 0.50 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 ADP and JKHY?
As of 2026-08-27, the correlation of weekly returns between ADP and JKHY is 0.50 over 3 years, 0.62 over 1 year and 0.49 over 5 years.
Is JKHY a good diversifier for ADP?
To a limited degree. At 0.50 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 0.50 mean?
On the −1 to +1 scale, 0.50 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/adp-vs-jkhy.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/adp-vs-jkhy/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ADP correlations · JKHY correlations
