CNXC vs EFX: Correlation
Concentrix Corporation (CNXC) and Equifax (EFX) show a moderate relationship: their 3-year correlation of weekly returns is 0.50.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CNXC and EFX?
Over the past 3 years, CNXC and EFX moved with a correlation of 0.50, which is moderate. Little has changed lately, as the 1-year reading of 0.53 lands near the 3-year figure. Over 5 years the correlation is 0.46, and the annualized covariance of weekly returns is 874.3 %².
Few assets follow CNXC as closely as EFX, which ranks #1 of 11 tracked partners. The last year tells two different stories: EFX led by 20.1 percentage points, -41.9% for CNXC against -21.8% for EFX. One caveat on sizing: CNXC is 1.6 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
CNXC vs EFX: side by side
| CNXC (Concentrix Corporation) | EFX (Equifax) | |
|---|---|---|
| 1-year return | -41.9% | -21.8% |
| 5-year return | -81.9% | -26.0% |
| Volatility (ann.) | 52.6% | 33.3% |
| Beta vs S&P 500 | 1.27 | 1.25 |
| Max drawdown (3Y) | -78.5% | -49.7% |
| Market cap | $1.7B | $22.4B |
| P/E (trailing) | – | 33.5 |
| Dividend yield | 5.07% | 1.11% |
| Sector / category | US Listed | Industrials |
Year-by-year returns
| Year | CNXC | EFX |
|---|---|---|
| 2022 | -24.9% | -33.1% |
| 2023 | -25.4% | +28.2% |
| 2024 | -55.0% | +3.7% |
| 2025 | -1.4% | -14.2% |
| 2026 | -29.6% | -11.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CNXC and EFX good diversifiers for each other?
Only partially. A correlation of 0.50 means CNXC and EFX 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 CNXC and EFX?
The CNXC/EFX correlation stands at 0.50 on a 3-year window (1 year: 0.53, 5 years: 0.46), computed from weekly returns as of 2026-08-27.
Is EFX a good diversifier for CNXC?
Only partially. A correlation of 0.50 means CNXC and EFX share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.50 mean?
On the −1 to +1 scale, 0.50 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/cnxc-vs-efx.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/cnxc-vs-efx/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CNXC correlations · EFX correlations
