DXC vs JKHY: Correlation
DXC Technology Company (DXC) and Jack Henry & Associates (JKHY) show a moderate relationship: their 3-year correlation of weekly returns is 0.43.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DXC and JKHY?
Across a 3-year window, the weekly returns of DXC and JKHY correlate at 0.43, moderate. The relationship has been stable: the 1-year correlation (0.48) sits close to the 3-year figure. Stretching to 5 years gives 0.35, with an annualized covariance of 390.3 %².
Among the 16 assets we track against DXC, JKHY ranks #8 by 3-year correlation. Correlation aside, the last 12 months split them widely, with JKHY ahead by 28.9 points (-23.1% versus +5.8%). One caveat on sizing: DXC is 1.7 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.
DXC vs JKHY: side by side
| DXC (DXC Technology Company) | JKHY (Jack Henry & Associates) | |
|---|---|---|
| 1-year return | -23.1% | +5.8% |
| 5-year return | -69.7% | +2.6% |
| Volatility (ann.) | 39.0% | 23.0% |
| Beta vs S&P 500 | 0.97 | 0.21 |
| Max drawdown (3Y) | -67.2% | -35.4% |
| Market cap | $1.8B | $12.1B |
| P/E (trailing) | 14.3 | 24.7 |
| Dividend yield | 0.00% | 1.38% |
| Sector / category | US Listed | Financials |
Year-by-year returns
| Year | DXC | JKHY |
|---|---|---|
| 2022 | -17.7% | +6.2% |
| 2023 | -13.7% | -5.7% |
| 2024 | -12.6% | +8.7% |
| 2025 | -26.7% | +5.5% |
| 2026 | -24.9% | -6.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DXC and JKHY good diversifiers for each other?
A fair diversifier. At 0.43, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between DXC and JKHY?
Using weekly returns as of 2026-08-27: 0.43 over 3 years, with 0.48 over the last year and 0.35 over 5 years.
Is JKHY a good diversifier for DXC?
A fair diversifier. At 0.43, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.43 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/dxc-vs-jkhy.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/dxc-vs-jkhy/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: DXC correlations · JKHY correlations
