PLUS vs SCSC: Correlation
ePlus inc. (PLUS) and ScanSource, Inc. (SCSC) show a moderate relationship: their 3-year correlation of weekly returns is 0.58.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PLUS and SCSC?
On 3 years of weekly data the PLUS/SCSC correlation comes out at 0.58, moderate. The past 12 months show a weaker link (0.25) than the 3-year average (0.58). The 5-year figure is 0.57, and annualized covariance runs at 687.1 %².
SCSC is one of the assets that tracks PLUS most closely: it ranks #1 out of the 12 assets we track against PLUS. The trailing year gives SCSC the advantage: +22.3% versus +30.0%, a 7.7-point spread.
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.
PLUS vs SCSC: side by side
| PLUS (ePlus inc.) | SCSC (ScanSource, Inc.) | |
|---|---|---|
| 1-year return | +22.3% | +30.0% |
| 5-year return | +64.0% | +60.7% |
| Volatility (ann.) | 33.2% | 35.5% |
| Beta vs S&P 500 | 1.04 | 1.21 |
| Max drawdown (3Y) | -46.1% | -44.2% |
| Market cap | $2.3B | $1.2B |
| P/E (trailing) | 18.8 | 15.5 |
| Dividend yield | 1.18% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | PLUS | SCSC |
|---|---|---|
| 2022 | -17.8% | -16.7% |
| 2023 | +80.3% | +35.6% |
| 2024 | -7.5% | +19.8% |
| 2025 | +19.4% | -17.7% |
| 2026 | +0.9% | +48.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PLUS and SCSC good diversifiers for each other?
Somewhat, no more. With 0.58 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between PLUS and SCSC?
Using weekly returns as of 2026-08-27: 0.58 over 3 years, with 0.25 over the last year and 0.57 over 5 years.
Is SCSC a good diversifier for PLUS?
Somewhat, no more. With 0.58 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.58 mean?
A reading of 0.58 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/plus-vs-scsc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/plus-vs-scsc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: PLUS correlations · SCSC correlations
