CTSH vs G: Correlation
Measured on weekly returns over the past three years, Cognizant (CTSH) and Genpact Limited (G) carry a correlation of 0.67, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CTSH and G?
On 3 years of weekly data the CTSH/G correlation comes out at 0.67, strong. The relationship has been stable: the 1-year correlation (0.75) sits close to the 3-year figure. The 5-year figure is 0.59, and annualized covariance runs at 730.5 %².
Among the 44 assets we track against CTSH, G ranks #7 by 3-year correlation. On 12-month performance CTSH holds a 6.3-point edge, -9.8% against -16.1%.
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.
CTSH vs G: side by side
| CTSH (Cognizant) | G (Genpact Limited) | |
|---|---|---|
| 1-year return | -9.8% | -16.1% |
| 5-year return | -9.6% | -22.8% |
| Volatility (ann.) | 32.3% | 34.0% |
| Beta vs S&P 500 | 0.89 | 0.61 |
| Max drawdown (3Y) | -56.1% | -49.4% |
| Market cap | $28.7B | $6.3B |
| P/E (trailing) | 13.3 | 11.0 |
| Dividend yield | 2.09% | 1.94% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | CTSH | G |
|---|---|---|
| 2022 | -34.5% | -11.7% |
| 2023 | +34.4% | -24.0% |
| 2024 | +3.5% | +25.8% |
| 2025 | +9.7% | +10.2% |
| 2026 | -21.8% | -18.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CTSH and G good diversifiers for each other?
Only partially. A correlation of 0.67 means CTSH and G 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 CTSH and G?
Using weekly returns as of 2026-08-27: 0.67 over 3 years, with 0.75 over the last year and 0.59 over 5 years.
Is G a good diversifier for CTSH?
Only partially. A correlation of 0.67 means CTSH and G share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.67 mean?
On the −1 to +1 scale, 0.67 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/ctsh-vs-g.json
Embed this badge (it refreshes with the data), with attribution:
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The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CTSH correlations · G correlations
