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DOX vs VRSN: Correlation

Amdocs Limited (DOX) and Verisign (VRSN) show a moderate relationship: their 3-year correlation of weekly returns is 0.39.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.39
moderate
Correlation (1Y)
0.35
last 12 months
Correlation (5Y)
0.45
long-run
Ann. covariance
190.5
%² · weekly, annualized

How correlated are DOX and VRSN?

Across a 3-year window, the weekly returns of DOX and VRSN correlate at 0.39, moderate. Recent behaviour matches the longer record: 0.35 over 1 year against 0.39 over 3. Stretching to 5 years gives 0.45, with an annualized covariance of 190.5 %².

Among the 22 assets we track against DOX, VRSN ranks #14 by 3-year correlation. The last year tells two different stories: VRSN led by 35.2 percentage points, -25.6% for DOX against +9.6% for VRSN.

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.

DOX vs VRSN: side by side

DOX (Amdocs Limited)VRSN (Verisign)
1-year return-25.6%+9.6%
5-year return-8.4%+38.8%
Volatility (ann.)21.3%23.1%
Beta vs S&P 5000.540.50
Max drawdown (3Y)-45.5%-30.2%
Market cap$6.5B$26.6B
P/E (trailing)14.831.9
Dividend yield3.52%1.08%
Sector / categoryUS ListedInformation Technology
Lower P/E: DOX 14.8 vs 31.9Higher yield: DOX 3.52% vs 1.08%Smaller drawdown: VRSN -30.2% vs -45.5%Higher 5y return: VRSN +38.8% vs -8.4%
-39%0%+12%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. DOX · VRSN

Year-by-year returns

YearDOXVRSN
2022+23.8%-19.1%
2023-1.4%+0.3%
2024-0.9%+0.5%
2025-3.1%+18.4%
2026-20.6%+22.4%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are DOX and VRSN good diversifiers for each other?

A fair diversifier. At 0.39, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between DOX and VRSN?

Using weekly returns as of 2026-08-27: 0.39 over 3 years, with 0.35 over the last year and 0.45 over 5 years.

Is VRSN a good diversifier for DOX?

A fair diversifier. At 0.39, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.39 mean?

On the −1 to +1 scale, 0.39 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/dox-vs-vrsn.json

DOX vs VRSN: 3-year weekly correlation 0.39DOX vs VRSN0.39

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Related comparisons

Hubs: DOX correlations · VRSN correlations