FICO vs WDAY: Correlation
Fair Isaac (FICO) and Workday, Inc. (WDAY) show a moderate relationship: their 3-year correlation of weekly returns is 0.45.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FICO and WDAY?
On 3 years of weekly data the FICO/WDAY correlation comes out at 0.45, moderate. The relationship has been stable: the 1-year correlation (0.38) sits close to the 3-year figure. The 5-year figure is 0.47, and annualized covariance runs at 804.2 %².
Within FICO's tracked universe of 30 assets, WDAY comes in at #16 by 3-year correlation. Neither side won the trailing year by much: -18.5% against -15.7%. The rolling one-year correlation moved between 0.20 and 0.65 over the past three years, a moderate range.
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.
FICO vs WDAY: side by side
| FICO (Fair Isaac) | WDAY (Workday, Inc.) | |
|---|---|---|
| 1-year return | -18.5% | -15.7% |
| 5-year return | +154.2% | -28.7% |
| Volatility (ann.) | 45.1% | 40.0% |
| Beta vs S&P 500 | 1.27 | 1.09 |
| Max drawdown (3Y) | -61.3% | -63.4% |
| Market cap | $25.0B | $47.8B |
| P/E (trailing) | 32.8 | 59.6 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Information Technology | Information Technology |
Year-by-year returns
| Year | FICO | WDAY |
|---|---|---|
| 2022 | +38.0% | -38.7% |
| 2023 | +94.5% | +65.0% |
| 2024 | +71.0% | -6.5% |
| 2025 | -15.1% | -16.8% |
| 2026 | -31.6% | -9.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FICO and WDAY good diversifiers for each other?
A fair diversifier. At 0.45, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between FICO and WDAY?
Using weekly returns as of 2026-08-27: 0.45 over 3 years, with 0.38 over the last year and 0.47 over 5 years.
Is WDAY a good diversifier for FICO?
A fair diversifier. At 0.45, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.45 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/fico-vs-wday.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/fico-vs-wday/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: FICO correlations · WDAY correlations