BR vs DOX: Correlation
Measured on weekly returns over the past three years, Broadridge Financial Solutions (BR) and Amdocs Limited (DOX) carry a correlation of 0.59, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BR and DOX?
Over the past 3 years, BR and DOX moved with a correlation of 0.59, which is moderate. Recent behaviour matches the longer record: 0.64 over 1 year against 0.59 over 3. Over 5 years the correlation is 0.54, and the annualized covariance of weekly returns is 283.0 %².
Among the 45 assets we track against BR, DOX ranks #11 by 3-year correlation. Twelve-month performance is nearly a tie, at -27.6% for BR and -25.6% for DOX.
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.
BR vs DOX: side by side
| BR (Broadridge Financial Solutions) | DOX (Amdocs Limited) | |
|---|---|---|
| 1-year return | -27.6% | -25.6% |
| 5-year return | +16.0% | -8.4% |
| Volatility (ann.) | 22.6% | 21.3% |
| Beta vs S&P 500 | 0.65 | 0.54 |
| Max drawdown (3Y) | -48.2% | -45.5% |
| Market cap | $20.9B | $6.5B |
| P/E (trailing) | 18.9 | 14.8 |
| Dividend yield | 2.15% | 3.52% |
| Sector / category | Industrials | US Listed |
Year-by-year returns
| Year | BR | DOX |
|---|---|---|
| 2022 | -25.3% | +23.8% |
| 2023 | +56.2% | -1.4% |
| 2024 | +11.7% | -0.9% |
| 2025 | +0.3% | -3.1% |
| 2026 | -17.0% | -20.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BR and DOX good diversifiers for each other?
To a limited degree. At 0.59 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 BR and DOX?
As of 2026-08-27, the correlation of weekly returns between BR and DOX is 0.59 over 3 years, 0.64 over 1 year and 0.54 over 5 years.
Is DOX a good diversifier for BR?
To a limited degree. At 0.59 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 0.59 mean?
A reading of 0.59 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/br-vs-dox.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/br-vs-dox/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BR correlations · DOX correlations
