PAYX vs VRSN: Correlation
Measured on weekly returns over the past three years, Paychex (PAYX) and Verisign (VRSN) carry a correlation of 0.46, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PAYX and VRSN?
On 3 years of weekly data the PAYX/VRSN correlation comes out at 0.46, moderate. Recent behaviour matches the longer record: 0.49 over 1 year against 0.46 over 3. The 5-year figure is 0.57, and annualized covariance runs at 226.9 %².
Within PAYX's tracked universe of 37 assets, VRSN comes in at #21 by 3-year correlation. On 12-month performance VRSN holds a 14.4-point edge, -4.8% against +9.6%. The rolling one-year correlation moved between 0.28 and 0.59 over the past three years, a moderate range.
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 VRSN: side by side
| PAYX (Paychex) | VRSN (Verisign) | |
|---|---|---|
| 1-year return | -4.8% | +9.6% |
| 5-year return | +29.0% | +38.8% |
| Volatility (ann.) | 21.3% | 23.1% |
| Beta vs S&P 500 | 0.47 | 0.50 |
| Max drawdown (3Y) | -45.0% | -30.2% |
| Market cap | $45.0B | $26.6B |
| P/E (trailing) | 25.5 | 31.9 |
| Dividend yield | 0.00% | 1.08% |
| Sector / category | Industrials | Information Technology |
Year-by-year returns
| Year | PAYX | VRSN |
|---|---|---|
| 2022 | -13.2% | -19.1% |
| 2023 | +6.2% | +0.3% |
| 2024 | +21.3% | +0.5% |
| 2025 | -17.5% | +18.4% |
| 2026 | +16.6% | +22.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PAYX and VRSN good diversifiers for each other?
Reasonably. At 0.46, PAYX and VRSN keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between PAYX and VRSN?
As of 2026-08-27, the correlation of weekly returns between PAYX and VRSN is 0.46 over 3 years, 0.49 over 1 year and 0.57 over 5 years.
Is VRSN a good diversifier for PAYX?
Reasonably. At 0.46, PAYX and VRSN keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.46 mean?
A reading of 0.46 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-vrsn.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/payx-vs-vrsn/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: PAYX correlations · VRSN correlations
