FCN vs GIB: Correlation
How closely do FTI Consulting, Inc. (FCN) and CGI Inc. (GIB) trade together? Their weekly returns over three years give a correlation of 0.40, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FCN and GIB?
On 3 years of weekly data the FCN/GIB correlation comes out at 0.40, moderate. The past 12 months show a tighter link (0.58) than the 3-year average (0.40). The 5-year figure is 0.28, and annualized covariance runs at 253.2 %².
Few assets follow FCN as closely as GIB, which ranks #3 of 17 tracked partners. On 12-month performance FCN holds a 11.8-point edge, -10.6% against -22.4%.
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.
FCN vs GIB: side by side
| FCN (FTI Consulting, Inc.) | GIB (CGI Inc.) | |
|---|---|---|
| 1-year return | -10.6% | -22.4% |
| 5-year return | +7.8% | -16.0% |
| Volatility (ann.) | 27.0% | 23.3% |
| Beta vs S&P 500 | 0.18 | 0.57 |
| Max drawdown (3Y) | -39.2% | -49.6% |
| Market cap | $4.2B | $15.4B |
| P/E (trailing) | 18.4 | 12.6 |
| Dividend yield | 0.00% | 0.90% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FCN | GIB |
|---|---|---|
| 2022 | +3.5% | -2.7% |
| 2023 | +25.4% | +24.5% |
| 2024 | -4.0% | +2.1% |
| 2025 | -10.6% | -15.3% |
| 2026 | -11.0% | -18.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FCN and GIB good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.40 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between FCN and GIB?
The FCN/GIB correlation stands at 0.40 on a 3-year window (1 year: 0.58, 5 years: 0.28), computed from weekly returns as of 2026-08-27.
Is GIB a good diversifier for FCN?
Yes, to a useful degree: a correlation of 0.40 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.40 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/fcn-vs-gib.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/fcn-vs-gib/)
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Related comparisons
Hubs: FCN correlations · GIB correlations
