PAYX vs VRSK: Correlation
Paychex (PAYX) and Verisk Analytics (VRSK) show a moderate relationship: their 3-year correlation of weekly returns is 0.53.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PAYX and VRSK?
On 3 years of weekly data the PAYX/VRSK correlation comes out at 0.53, moderate. The relationship has been stable: the 1-year correlation (0.58) sits close to the 3-year figure. The 5-year figure is 0.58, and annualized covariance runs at 285.0 %².
Among the 37 assets we track against PAYX, VRSK ranks #16 by 3-year correlation. Correlation aside, the last 12 months split them widely, with PAYX ahead by 23.2 points (-4.8% versus -28.0%). On a rolling one-year basis the correlation drifted between 0.21 and 0.64, a moderate band.
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.
PAYX vs VRSK: side by side
| PAYX (Paychex) | VRSK (Verisk Analytics) | |
|---|---|---|
| 1-year return | -4.8% | -28.0% |
| 5-year return | +29.0% | -1.6% |
| Volatility (ann.) | 21.3% | 25.1% |
| Beta vs S&P 500 | 0.47 | 0.27 |
| Max drawdown (3Y) | -45.0% | -50.8% |
| Market cap | $45.0B | $24.9B |
| P/E (trailing) | 25.5 | 28.8 |
| Dividend yield | 0.00% | 1.01% |
| Sector / category | Industrials | Industrials |
Year-by-year returns
| Year | PAYX | VRSK |
|---|---|---|
| 2022 | -13.2% | -22.3% |
| 2023 | +6.2% | +36.2% |
| 2024 | +21.3% | +16.0% |
| 2025 | -17.5% | -18.2% |
| 2026 | +16.6% | -14.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PAYX and VRSK good diversifiers for each other?
Somewhat, no more. With 0.53 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between PAYX and VRSK?
Using weekly returns as of 2026-08-27: 0.53 over 3 years, with 0.58 over the last year and 0.58 over 5 years.
Is VRSK a good diversifier for PAYX?
Somewhat, no more. With 0.53 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.53 mean?
A reading of 0.53 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/payx-vs-vrsk.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/payx-vs-vrsk/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: PAYX correlations · VRSK correlations
