HURN vs WTW: Correlation
How closely do Huron Consulting Group Inc. (HURN) and Willis Towers Watson (WTW) trade together? Their weekly returns over three years give a correlation of 0.57, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HURN and WTW?
Across a 3-year window, the weekly returns of HURN and WTW correlate at 0.57, moderate. The relationship has been stable: the 1-year correlation (0.66) sits close to the 3-year figure. Stretching to 5 years gives 0.42, with an annualized covariance of 566.2 %².
Within HURN's tracked universe of 19 assets, WTW comes in at #4 by 3-year correlation. On 12-month performance HURN holds a 11.4-point edge, +15.6% against +4.2%. One caveat on sizing: HURN is 1.8 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
HURN vs WTW: side by side
| HURN (Huron Consulting Group Inc.) | WTW (Willis Towers Watson) | |
|---|---|---|
| 1-year return | +15.6% | +4.2% |
| 5-year return | +229.3% | +68.3% |
| Volatility (ann.) | 42.3% | 23.5% |
| Beta vs S&P 500 | 0.53 | 0.32 |
| Max drawdown (3Y) | -51.4% | -30.4% |
| Market cap | $2.5B | $31.5B |
| P/E (trailing) | 23.6 | 21.2 |
| Dividend yield | 0.00% | 0.55% |
| Sector / category | US Listed | Financials |
Year-by-year returns
| Year | HURN | WTW |
|---|---|---|
| 2022 | +45.5% | +4.5% |
| 2023 | +41.6% | +0.1% |
| 2024 | +20.9% | +31.5% |
| 2025 | +39.2% | +6.1% |
| 2026 | -7.6% | +4.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HURN and WTW good diversifiers for each other?
Only partially. A correlation of 0.57 means HURN and WTW share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between HURN and WTW?
As of 2026-08-27, the correlation of weekly returns between HURN and WTW is 0.57 over 3 years, 0.66 over 1 year and 0.42 over 5 years.
Is WTW a good diversifier for HURN?
Only partially. A correlation of 0.57 means HURN and WTW share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.57 mean?
A reading of 0.57 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/hurn-vs-wtw.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/hurn-vs-wtw/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: HURN correlations · WTW correlations
