GIB vs JKHY: Correlation
How closely do CGI Inc. (GIB) and Jack Henry & Associates (JKHY) trade together? Their weekly returns over three years give a correlation of 0.44, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GIB and JKHY?
Across a 3-year window, the weekly returns of GIB and JKHY correlate at 0.44, moderate. The past 12 months show a tighter link (0.54) than the 3-year average (0.44). Stretching to 5 years gives 0.43, with an annualized covariance of 235.3 %².
By 3-year correlation, JKHY places #15 of the 25 assets tracked against GIB. The last year tells two different stories: JKHY led by 28.2 percentage points, -22.4% for GIB against +5.8% for JKHY.
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.
GIB vs JKHY: side by side
| GIB (CGI Inc.) | JKHY (Jack Henry & Associates) | |
|---|---|---|
| 1-year return | -22.4% | +5.8% |
| 5-year return | -16.0% | +2.6% |
| Volatility (ann.) | 23.3% | 23.0% |
| Beta vs S&P 500 | 0.57 | 0.21 |
| Max drawdown (3Y) | -49.6% | -35.4% |
| Market cap | $15.4B | $12.1B |
| P/E (trailing) | 12.6 | 24.7 |
| Dividend yield | 0.90% | 1.38% |
| Sector / category | US Listed | Financials |
Year-by-year returns
| Year | GIB | JKHY |
|---|---|---|
| 2022 | -2.7% | +6.2% |
| 2023 | +24.5% | -5.7% |
| 2024 | +2.1% | +8.7% |
| 2025 | -15.3% | +5.5% |
| 2026 | -18.8% | -6.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GIB and JKHY good diversifiers for each other?
A fair diversifier. At 0.44, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between GIB and JKHY?
As of 2026-08-27, the correlation of weekly returns between GIB and JKHY is 0.44 over 3 years, 0.54 over 1 year and 0.43 over 5 years.
Is JKHY a good diversifier for GIB?
A fair diversifier. At 0.44, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.44 mean?
On the −1 to +1 scale, 0.44 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/gib-vs-jkhy.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/gib-vs-jkhy/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: GIB correlations · JKHY correlations
