EVTC vs HCKT: Correlation
Evertec, Inc. (EVTC) and The Hackett Group, Inc. (HCKT) show a moderate relationship: their 3-year correlation of weekly returns is 0.47.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EVTC and HCKT?
Across a 3-year window, the weekly returns of EVTC and HCKT correlate at 0.47, moderate. Little has changed lately, as the 1-year reading of 0.51 lands near the 3-year figure. Stretching to 5 years gives 0.43, with an annualized covariance of 551.4 %².
Among the 10 assets we track against EVTC, HCKT ranks #4 by 3-year correlation. Correlation aside, the last 12 months split them widely, with EVTC ahead by 25.4 points (-18.7% versus -44.1%).
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.
EVTC vs HCKT: side by side
| EVTC (Evertec, Inc.) | HCKT (The Hackett Group, Inc.) | |
|---|---|---|
| 1-year return | -18.7% | -44.1% |
| 5-year return | -34.3% | -35.3% |
| Volatility (ann.) | 31.3% | 37.5% |
| Beta vs S&P 500 | 0.68 | 0.78 |
| Max drawdown (3Y) | -46.4% | -70.5% |
| Market cap | $1.8B | $0.3B |
| P/E (trailing) | 19.4 | 17.5 |
| Dividend yield | 0.67% | 4.37% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EVTC | HCKT |
|---|---|---|
| 2022 | -34.9% | +1.5% |
| 2023 | +27.1% | +14.1% |
| 2024 | -15.2% | +37.3% |
| 2025 | -15.4% | -34.7% |
| 2026 | +1.9% | -41.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EVTC and HCKT good diversifiers for each other?
Reasonably. At 0.47, EVTC and HCKT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between EVTC and HCKT?
As of 2026-08-27, the correlation of weekly returns between EVTC and HCKT is 0.47 over 3 years, 0.51 over 1 year and 0.43 over 5 years.
Is HCKT a good diversifier for EVTC?
Reasonably. At 0.47, EVTC and HCKT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.47 mean?
A reading of 0.47 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/evtc-vs-hckt.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/evtc-vs-hckt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: EVTC correlations · HCKT correlations
