EXLS vs HURN: Correlation
ExlService Holdings, Inc. (EXLS) and Huron Consulting Group Inc. (HURN) show a moderate relationship: their 3-year correlation of weekly returns is 0.58.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EXLS and HURN?
Over the past 3 years, EXLS and HURN moved with a correlation of 0.58, which is moderate. The past 12 months show a tighter link (0.70) than the 3-year average (0.58). Over 5 years the correlation is 0.46, and the annualized covariance of weekly returns is 781.9 %².
Among the 47 assets we track against EXLS, HURN ranks #16 by 3-year correlation. The last year tells two different stories: HURN led by 29.0 percentage points, -13.4% for EXLS against +15.6% for HURN.
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.
EXLS vs HURN: side by side
| EXLS (ExlService Holdings, Inc.) | HURN (Huron Consulting Group Inc.) | |
|---|---|---|
| 1-year return | -13.4% | +15.6% |
| 5-year return | +55.2% | +229.3% |
| Volatility (ann.) | 31.7% | 42.3% |
| Beta vs S&P 500 | 0.77 | 0.53 |
| Max drawdown (3Y) | -51.3% | -51.4% |
| Market cap | $5.8B | $2.5B |
| P/E (trailing) | 23.7 | 23.6 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EXLS | HURN |
|---|---|---|
| 2022 | +17.0% | +45.5% |
| 2023 | -9.0% | +41.6% |
| 2024 | +43.9% | +20.9% |
| 2025 | -4.4% | +39.2% |
| 2026 | -10.0% | -7.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EXLS and HURN good diversifiers for each other?
Somewhat, no more. With 0.58 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between EXLS and HURN?
The EXLS/HURN correlation stands at 0.58 on a 3-year window (1 year: 0.70, 5 years: 0.46), computed from weekly returns as of 2026-08-27.
Is HURN a good diversifier for EXLS?
Somewhat, no more. With 0.58 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.58 mean?
A reading of 0.58 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
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Related comparisons
Hubs: EXLS correlations · HURN correlations
