GWRE vs YEXT: Correlation
Measured on weekly returns over the past three years, Guidewire Software, Inc. (GWRE) and Yext, Inc. (YEXT) carry a correlation of 0.49, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GWRE and YEXT?
Across a 3-year window, the weekly returns of GWRE and YEXT correlate at 0.49, moderate. The relationship has been stable: the 1-year correlation (0.59) sits close to the 3-year figure. Stretching to 5 years gives 0.47, with an annualized covariance of 1187.9 %².
Among the 18 assets we track against GWRE, YEXT ranks #12 by 3-year correlation. Correlation aside, the last 12 months split them widely, with GWRE ahead by 18.8 points (-7.1% versus -25.9%).
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.
GWRE vs YEXT: side by side
| GWRE (Guidewire Software, Inc.) | YEXT (Yext, Inc.) | |
|---|---|---|
| 1-year return | -7.1% | -25.9% |
| 5-year return | +68.2% | -50.0% |
| Volatility (ann.) | 45.6% | 53.6% |
| Beta vs S&P 500 | 0.83 | 0.82 |
| Max drawdown (3Y) | -60.8% | -63.5% |
| Market cap | $16.7B | $0.7B |
| P/E (trailing) | 103.1 | 84.5 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GWRE | YEXT |
|---|---|---|
| 2022 | -44.9% | -34.2% |
| 2023 | +74.3% | -9.8% |
| 2024 | +54.6% | +8.0% |
| 2025 | +19.2% | +26.7% |
| 2026 | +0.0% | -16.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GWRE and YEXT good diversifiers for each other?
Reasonably. At 0.49, GWRE and YEXT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between GWRE and YEXT?
Using weekly returns as of 2026-08-27: 0.49 over 3 years, with 0.59 over the last year and 0.47 over 5 years.
Is YEXT a good diversifier for GWRE?
Reasonably. At 0.49, GWRE and YEXT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.49 mean?
A reading of 0.49 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/gwre-vs-yext.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/gwre-vs-yext/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: GWRE correlations · YEXT correlations
