EXLS vs VRSN: Correlation
ExlService Holdings, Inc. (EXLS) and Verisign (VRSN) show a moderate relationship: their 3-year correlation of weekly returns is 0.37.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EXLS and VRSN?
Across a 3-year window, the weekly returns of EXLS and VRSN correlate at 0.37, moderate. The link has tightened recently: the 1-year correlation (0.50) runs above the 3-year figure (0.37). Stretching to 5 years gives 0.46, with an annualized covariance of 272.3 %².
Within EXLS's tracked universe of 47 assets, VRSN comes in at #41 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months VRSN outperformed by 23.0 percentage points (-13.4% for EXLS 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.
EXLS vs VRSN: side by side
| EXLS (ExlService Holdings, Inc.) | VRSN (Verisign) | |
|---|---|---|
| 1-year return | -13.4% | +9.6% |
| 5-year return | +55.2% | +38.8% |
| Volatility (ann.) | 31.7% | 23.1% |
| Beta vs S&P 500 | 0.77 | 0.50 |
| Max drawdown (3Y) | -51.3% | -30.2% |
| Market cap | $5.8B | $26.6B |
| P/E (trailing) | 23.7 | 31.9 |
| Dividend yield | 0.00% | 1.08% |
| Sector / category | US Listed | Information Technology |
Year-by-year returns
| Year | EXLS | VRSN |
|---|---|---|
| 2022 | +17.0% | -19.1% |
| 2023 | -9.0% | +0.3% |
| 2024 | +43.9% | +0.5% |
| 2025 | -4.4% | +18.4% |
| 2026 | -10.0% | +22.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EXLS and VRSN good diversifiers for each other?
Reasonably. At 0.37, EXLS and VRSN keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between EXLS and VRSN?
The EXLS/VRSN correlation stands at 0.37 on a 3-year window (1 year: 0.50, 5 years: 0.46), computed from weekly returns as of 2026-08-27.
Is VRSN a good diversifier for EXLS?
Reasonably. At 0.37, EXLS and VRSN keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.37 mean?
On the −1 to +1 scale, 0.37 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/exls-vs-vrsn.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/exls-vs-vrsn/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: EXLS correlations · VRSN correlations
