DXC vs GPN: Correlation
How closely do DXC Technology Company (DXC) and Global Payments (GPN) trade together? Their weekly returns over three years give a correlation of 0.52, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DXC and GPN?
Across a 3-year window, the weekly returns of DXC and GPN correlate at 0.52, moderate. The relationship has been stable: the 1-year correlation (0.57) sits close to the 3-year figure. Stretching to 5 years gives 0.43, with an annualized covariance of 731.7 %².
Within DXC's tracked universe of 16 assets, GPN comes in at #5 by 3-year correlation. The last year tells two different stories: GPN led by 30.1 percentage points, -23.1% for DXC against +7.0% for GPN.
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.
DXC vs GPN: side by side
| DXC (DXC Technology Company) | GPN (Global Payments) | |
|---|---|---|
| 1-year return | -23.1% | +7.0% |
| 5-year return | -69.7% | -39.6% |
| Volatility (ann.) | 39.0% | 35.9% |
| Beta vs S&P 500 | 0.97 | 1.22 |
| Max drawdown (3Y) | -67.2% | -54.0% |
| Market cap | $1.8B | $24.5B |
| P/E (trailing) | 14.3 | 44.0 |
| Dividend yield | 0.00% | 1.08% |
| Sector / category | US Listed | Financials |
Year-by-year returns
| Year | DXC | GPN |
|---|---|---|
| 2022 | -17.7% | -25.9% |
| 2023 | -13.7% | +29.0% |
| 2024 | -12.6% | -11.0% |
| 2025 | -26.7% | -30.1% |
| 2026 | -24.9% | +20.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DXC and GPN good diversifiers for each other?
Only partially. A correlation of 0.52 means DXC and GPN 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 DXC and GPN?
Using weekly returns as of 2026-08-27: 0.52 over 3 years, with 0.57 over the last year and 0.43 over 5 years.
Is GPN a good diversifier for DXC?
Only partially. A correlation of 0.52 means DXC and GPN share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.52 mean?
On the −1 to +1 scale, 0.52 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/dxc-vs-gpn.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/dxc-vs-gpn/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: DXC correlations · GPN correlations
