D vs PAYC: Correlation
Dominion Energy (D) and Paycom Software, Inc. (PAYC) show a negative relationship: their 3-year correlation of weekly returns is -0.19.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are D and PAYC?
Across a 3-year window, the weekly returns of D and PAYC correlate at -0.19, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.34 versus -0.19 over 3 years. Stretching to 5 years gives -0.00, with an annualized covariance of -182.3 %².
Among the 31 assets we track against D, PAYC ranks #25 by 3-year correlation. On 12-month performance D holds a 10.1-point edge, +15.1% against +5.0%. Note the risk asymmetry: PAYC runs 2.3 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
D vs PAYC: side by side
| D (Dominion Energy) | PAYC (Paycom Software, Inc.) | |
|---|---|---|
| 1-year return | +15.1% | +5.0% |
| 5-year return | +6.1% | -50.2% |
| Volatility (ann.) | 20.5% | 46.9% |
| Beta vs S&P 500 | 0.18 | 0.72 |
| Max drawdown (3Y) | -19.1% | -60.8% |
| Market cap | $58.5B | $10.7B |
| P/E (trailing) | 23.2 | 25.1 |
| Dividend yield | 3.99% | 0.65% |
| Sector / category | Utilities | US Listed |
Year-by-year returns
| Year | D | PAYC |
|---|---|---|
| 2022 | -19.1% | -25.3% |
| 2023 | -19.1% | -33.1% |
| 2024 | +20.4% | -0.0% |
| 2025 | +14.0% | -21.7% |
| 2026 | +15.9% | +49.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are D and PAYC good diversifiers for each other?
Yes: at -0.19, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between D and PAYC?
The D/PAYC correlation stands at -0.19 on a 3-year window (1 year: -0.34, 5 years: -0.00), computed from weekly returns as of 2026-08-27.
Is PAYC a good diversifier for D?
Yes: at -0.19, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.19 mean?
A reading of -0.19 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/d-vs-payc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/d-vs-payc/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: D correlations · PAYC correlations
