CHRW vs J: Correlation
Measured on weekly returns over the past three years, C.H. Robinson (CHRW) and Jacobs Solutions (J) carry a correlation of 0.29, a weak link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CHRW and J?
Across a 3-year window, the weekly returns of CHRW and J correlate at 0.29, weak. Little has changed lately, as the 1-year reading of 0.31 lands near the 3-year figure. Stretching to 5 years gives 0.33, with an annualized covariance of 262.0 %².
Within CHRW's tracked universe of 31 assets, J comes in at #18 by 3-year correlation. The last year tells two different stories: CHRW led by 17.3 percentage points, +19.9% for CHRW against +2.6% for J. Across three years, the rolling one-year figure varied moderately, from 0.08 to 0.45.
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.
CHRW vs J: side by side
| CHRW (C.H. Robinson) | J (Jacobs Solutions) | |
|---|---|---|
| 1-year return | +19.9% | +2.6% |
| 5-year return | +86.8% | +40.5% |
| Volatility (ann.) | 35.7% | 25.7% |
| Beta vs S&P 500 | 0.69 | 0.77 |
| Max drawdown (3Y) | -32.4% | -34.4% |
| Market cap | $17.7B | $17.6B |
| P/E (trailing) | 29.0 | 49.9 |
| Dividend yield | 1.65% | 0.90% |
| Sector / category | Industrials | Industrials |
Year-by-year returns
| Year | CHRW | J |
|---|---|---|
| 2022 | -13.1% | -13.1% |
| 2023 | -3.1% | +9.0% |
| 2024 | +22.9% | +24.2% |
| 2025 | +59.0% | +1.1% |
| 2026 | -5.3% | +14.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CHRW and J good diversifiers for each other?
Reasonably. At 0.29, CHRW and J keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between CHRW and J?
Using weekly returns as of 2026-08-27: 0.29 over 3 years, with 0.31 over the last year and 0.33 over 5 years.
Is J a good diversifier for CHRW?
Reasonably. At 0.29, CHRW and J keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.29 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/chrw-vs-j.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/chrw-vs-j/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CHRW correlations · J correlations
