GTM vs PCTY: Correlation
Measured on weekly returns over the past three years, ZoomInfo Technologies Inc. (GTM) and Paylocity Holding Corporation (PCTY) carry a correlation of 0.53, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GTM and PCTY?
Across a 3-year window, the weekly returns of GTM and PCTY correlate at 0.53, moderate. Little has changed lately, as the 1-year reading of 0.56 lands near the 3-year figure. Stretching to 5 years gives 0.62, with an annualized covariance of 1049.1 %².
By 3-year correlation, PCTY places #5 of the 14 assets tracked against GTM. Their recent paths diverged sharply: over the last 12 months PCTY outperformed by 49.3 percentage points (-62.0% for GTM against -12.7% for PCTY). Risk is not evenly split, since GTM carries 1.6 times the volatility of the other side.
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.
GTM vs PCTY: side by side
| GTM (ZoomInfo Technologies Inc.) | PCTY (Paylocity Holding Corporation) | |
|---|---|---|
| 1-year return | -62.0% | -12.7% |
| 5-year return | -93.6% | -41.2% |
| Volatility (ann.) | 55.9% | 35.4% |
| Beta vs S&P 500 | 1.57 | 0.62 |
| Max drawdown (3Y) | -86.2% | -56.3% |
| Market cap | $1.2B | $8.8B |
| P/E (trailing) | – | 30.9 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GTM | PCTY |
|---|---|---|
| 2022 | -53.1% | -17.7% |
| 2023 | -38.6% | -15.1% |
| 2024 | -43.2% | +21.0% |
| 2025 | -3.2% | -23.5% |
| 2026 | -59.9% | +3.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GTM and PCTY good diversifiers for each other?
To a limited degree. At 0.53 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between GTM and PCTY?
The GTM/PCTY correlation stands at 0.53 on a 3-year window (1 year: 0.56, 5 years: 0.62), computed from weekly returns as of 2026-08-27.
Is PCTY a good diversifier for GTM?
To a limited degree. At 0.53 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.53 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/gtm-vs-pcty.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/gtm-vs-pcty/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: GTM correlations · PCTY correlations
