INTU vs PCTY: Correlation
How closely do Intuit (INTU) and Paylocity Holding Corporation (PCTY) trade together? Their weekly returns over three years give a correlation of 0.49, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are INTU and PCTY?
Across a 3-year window, the weekly returns of INTU and PCTY correlate at 0.49, moderate. The link has tightened recently: the 1-year correlation (0.66) runs above the 3-year figure (0.49). Stretching to 5 years gives 0.59, with an annualized covariance of 623.9 %².
Within INTU's tracked universe of 45 assets, PCTY comes in at #12 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months PCTY outperformed by 34.2 percentage points (-46.9% for INTU against -12.7% for PCTY).
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.
INTU vs PCTY: side by side
| INTU (Intuit) | PCTY (Paylocity Holding Corporation) | |
|---|---|---|
| 1-year return | -46.9% | -12.7% |
| 5-year return | -36.2% | -41.2% |
| Volatility (ann.) | 36.2% | 35.4% |
| Beta vs S&P 500 | 0.70 | 0.62 |
| Max drawdown (3Y) | -68.2% | -56.3% |
| Market cap | $95.2B | $8.8B |
| P/E (trailing) | 21.0 | 30.9 |
| Dividend yield | 1.39% | 0.00% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | INTU | PCTY |
|---|---|---|
| 2022 | -39.1% | -17.7% |
| 2023 | +61.8% | -15.1% |
| 2024 | +1.2% | +21.0% |
| 2025 | +6.1% | -23.5% |
| 2026 | -47.0% | +3.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are INTU and PCTY good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.49 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between INTU and PCTY?
As of 2026-08-27, the correlation of weekly returns between INTU and PCTY is 0.49 over 3 years, 0.66 over 1 year and 0.59 over 5 years.
Is PCTY a good diversifier for INTU?
Yes, to a useful degree: a correlation of 0.49 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.49 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/intu-vs-pcty.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/intu-vs-pcty/)
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Related comparisons
Hubs: INTU correlations · PCTY correlations
