ADP vs V: Correlation
Measured on weekly returns over the past three years, Automatic Data Processing (ADP) and Visa Inc. (V) carry a correlation of 0.61, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ADP and V?
On 3 years of weekly data the ADP/V correlation comes out at 0.61, strong. The relationship has been stable: the 1-year correlation (0.59) sits close to the 3-year figure. The 5-year figure is 0.48, and annualized covariance runs at 251.0 %².
Within ADP's tracked universe of 43 assets, V comes in at #5 by 3-year correlation. The trailing year gives V the advantage: -3.5% versus +9.2%, a 12.7-point spread. On a rolling one-year basis the correlation drifted between 0.33 and 0.77, 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 V: side by side
| ADP (Automatic Data Processing) | V (Visa Inc.) | |
|---|---|---|
| 1-year return | -3.5% | +9.2% |
| 5-year return | +52.0% | +70.5% |
| Volatility (ann.) | 21.7% | 19.1% |
| Beta vs S&P 500 | 0.53 | 0.72 |
| Max drawdown (3Y) | -40.8% | -20.4% |
| Market cap | $113.1B | $708.8B |
| P/E (trailing) | 26.0 | 32.7 |
| Dividend yield | 2.36% | 0.70% |
| Sector / category | Industrials | Financials |
Year-by-year returns
| Year | ADP | V |
|---|---|---|
| 2022 | -1.3% | -3.4% |
| 2023 | -0.2% | +26.3% |
| 2024 | +28.4% | +22.3% |
| 2025 | -10.2% | +11.8% |
| 2026 | +12.4% | +8.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ADP and V good diversifiers for each other?
Somewhat, no more. With 0.61 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between ADP and V?
As of 2026-08-27, the correlation of weekly returns between ADP and V is 0.61 over 3 years, 0.59 over 1 year and 0.48 over 5 years.
Is V a good diversifier for ADP?
Somewhat, no more. With 0.61 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.61 mean?
On the −1 to +1 scale, 0.61 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-v.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/adp-vs-v/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ADP correlations · V correlations
