BAH vs ICFI: Correlation
Booz Allen Hamilton Holding Corporation (BAH) and ICF International, Inc. (ICFI) show a moderate relationship: their 3-year correlation of weekly returns is 0.57.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BAH and ICFI?
Over the past 3 years, BAH and ICFI moved with a correlation of 0.57, which is moderate. Recent behaviour matches the longer record: 0.58 over 1 year against 0.57 over 3. Over 5 years the correlation is 0.55, and the annualized covariance of weekly returns is 756.5 %².
By 3-year correlation, ICFI places #4 of the 12 assets tracked against BAH. The last year tells two different stories: ICFI led by 21.0 percentage points, -30.4% for BAH against -9.4% for ICFI.
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.
BAH vs ICFI: side by side
| BAH (Booz Allen Hamilton Holding Corporation) | ICFI (ICF International, Inc.) | |
|---|---|---|
| 1-year return | -30.4% | -9.4% |
| 5-year return | +1.1% | -2.1% |
| Volatility (ann.) | 35.2% | 37.8% |
| Beta vs S&P 500 | 0.58 | 0.60 |
| Max drawdown (3Y) | -66.6% | -65.6% |
| Market cap | $9.0B | $1.6B |
| P/E (trailing) | 11.7 | 18.4 |
| Dividend yield | 3.07% | 0.63% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BAH | ICFI |
|---|---|---|
| 2022 | +25.7% | -2.9% |
| 2023 | +24.5% | +36.0% |
| 2024 | +2.0% | -10.8% |
| 2025 | -33.0% | -28.0% |
| 2026 | -9.2% | +5.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BAH and ICFI good diversifiers for each other?
To a limited degree. At 0.57 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 BAH and ICFI?
Using weekly returns as of 2026-08-27: 0.57 over 3 years, with 0.58 over the last year and 0.55 over 5 years.
Is ICFI a good diversifier for BAH?
To a limited degree. At 0.57 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 0.57 mean?
On the −1 to +1 scale, 0.57 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
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Related comparisons
Hubs: BAH correlations · ICFI correlations
