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G vs HCKT: Correlation

Measured on weekly returns over the past three years, Genpact Limited (G) and The Hackett Group, Inc. (HCKT) carry a correlation of 0.64, a strong link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.64
strong
Correlation (1Y)
0.68
last 12 months
Correlation (5Y)
0.55
long-run
Ann. covariance
821.7
%² · weekly, annualized

How correlated are G and HCKT?

Across a 3-year window, the weekly returns of G and HCKT correlate at 0.64, strong. The relationship has been stable: the 1-year correlation (0.68) sits close to the 3-year figure. Stretching to 5 years gives 0.55, with an annualized covariance of 821.7 %².

HCKT is one of the assets that tracks G most closely: it ranks #3 out of the 13 assets we track against G. Their recent paths diverged sharply: over the last 12 months G outperformed by 28.0 percentage points (-16.1% for G against -44.1% for HCKT).

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.

G vs HCKT: side by side

G (Genpact Limited)HCKT (The Hackett Group, Inc.)
1-year return-16.1%-44.1%
5-year return-22.8%-35.3%
Volatility (ann.)34.0%37.5%
Beta vs S&P 5000.610.78
Max drawdown (3Y)-49.4%-70.5%
Market cap$6.3B$0.3B
P/E (trailing)11.017.5
Dividend yield1.94%4.37%
Sector / categoryUS ListedUS Listed
Lower P/E: G 11.0 vs 17.5Higher yield: HCKT 4.37% vs 1.94%Smaller drawdown: G -49.4% vs -70.5%Higher 5y return: G -22.8% vs -35.3%
-54%0%+8%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). G · HCKT

Year-by-year returns

YearGHCKT
2022-11.7%+1.5%
2023-24.0%+14.1%
2024+25.8%+37.3%
2025+10.2%-34.7%
2026-18.9%-41.9%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are G and HCKT good diversifiers for each other?

Somewhat, no more. With 0.64 correlation, most large moves hit both names, and the diversification benefit stays modest.

FAQ

What is the correlation between G and HCKT?

The G/HCKT correlation stands at 0.64 on a 3-year window (1 year: 0.68, 5 years: 0.55), computed from weekly returns as of 2026-08-27.

Is HCKT a good diversifier for G?

Somewhat, no more. With 0.64 correlation, most large moves hit both names, and the diversification benefit stays modest.

What does a correlation of 0.64 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.

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G vs HCKT: 3-year weekly correlation 0.64G vs HCKT0.64

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Related comparisons

Hubs: G correlations · HCKT correlations