FCN vs WTW: Correlation
FTI Consulting, Inc. (FCN) and Willis Towers Watson (WTW) show a moderate relationship: their 3-year correlation of weekly returns is 0.39.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FCN and WTW?
Across a 3-year window, the weekly returns of FCN and WTW correlate at 0.39, moderate. Little has changed lately, as the 1-year reading of 0.43 lands near the 3-year figure. Stretching to 5 years gives 0.31, with an annualized covariance of 250.8 %².
Among the 17 assets we track against FCN, WTW ranks #5 by 3-year correlation. On 12-month performance WTW holds a 14.8-point edge, -10.6% against +4.2%.
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 WTW: side by side
| FCN (FTI Consulting, Inc.) | WTW (Willis Towers Watson) | |
|---|---|---|
| 1-year return | -10.6% | +4.2% |
| 5-year return | +7.8% | +68.3% |
| Volatility (ann.) | 27.0% | 23.5% |
| Beta vs S&P 500 | 0.18 | 0.32 |
| Max drawdown (3Y) | -39.2% | -30.4% |
| Market cap | $4.2B | $31.5B |
| P/E (trailing) | 18.4 | 21.2 |
| Dividend yield | 0.00% | 0.55% |
| Sector / category | US Listed | Financials |
Year-by-year returns
| Year | FCN | WTW |
|---|---|---|
| 2022 | +3.5% | +4.5% |
| 2023 | +25.4% | +0.1% |
| 2024 | -4.0% | +31.5% |
| 2025 | -10.6% | +6.1% |
| 2026 | -11.0% | +4.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FCN and WTW good diversifiers for each other?
Reasonably. At 0.39, FCN and WTW keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between FCN and WTW?
Using weekly returns as of 2026-08-27: 0.39 over 3 years, with 0.43 over the last year and 0.31 over 5 years.
Is WTW a good diversifier for FCN?
Reasonably. At 0.39, FCN and WTW keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.39 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-wtw.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/fcn-vs-wtw/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: FCN correlations · WTW correlations
