BR vs JKHY: Correlation
Measured on weekly returns over the past three years, Broadridge Financial Solutions (BR) and Jack Henry & Associates (JKHY) carry a correlation of 0.51, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BR and JKHY?
On 3 years of weekly data the BR/JKHY correlation comes out at 0.51, moderate. The link has tightened recently: the 1-year correlation (0.71) runs above the 3-year figure (0.51). The 5-year figure is 0.54, and annualized covariance runs at 266.1 %².
Among the 45 assets we track against BR, JKHY ranks #23 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months JKHY outperformed by 33.4 percentage points (-27.6% for BR against +5.8% for JKHY). Do not treat this figure as fixed: across three years the rolling one-year correlation ranged all the way from 0.16 to 0.71.
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 JKHY: side by side
| BR (Broadridge Financial Solutions) | JKHY (Jack Henry & Associates) | |
|---|---|---|
| 1-year return | -27.6% | +5.8% |
| 5-year return | +16.0% | +2.6% |
| Volatility (ann.) | 22.6% | 23.0% |
| Beta vs S&P 500 | 0.65 | 0.21 |
| Max drawdown (3Y) | -48.2% | -35.4% |
| Market cap | $20.9B | $12.1B |
| P/E (trailing) | 18.9 | 24.7 |
| Dividend yield | 2.15% | 1.38% |
| Sector / category | Industrials | Financials |
Year-by-year returns
| Year | BR | JKHY |
|---|---|---|
| 2022 | -25.3% | +6.2% |
| 2023 | +56.2% | -5.7% |
| 2024 | +11.7% | +8.7% |
| 2025 | +0.3% | +5.5% |
| 2026 | -17.0% | -6.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BR and JKHY good diversifiers for each other?
Only partially. A correlation of 0.51 means BR and JKHY share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between BR and JKHY?
The BR/JKHY correlation stands at 0.51 on a 3-year window (1 year: 0.71, 5 years: 0.54), computed from weekly returns as of 2026-08-27.
Is JKHY a good diversifier for BR?
Only partially. A correlation of 0.51 means BR and JKHY share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.51 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/br-vs-jkhy.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/br-vs-jkhy/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BR correlations · JKHY correlations
