ROP vs WTW: Correlation
Measured on weekly returns over the past three years, Roper Technologies (ROP) and Willis Towers Watson (WTW) carry a correlation of 0.53, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ROP and WTW?
On 3 years of weekly data the ROP/WTW correlation comes out at 0.53, moderate. The link has tightened recently: the 1-year correlation (0.66) runs above the 3-year figure (0.53). The 5-year figure is 0.54, and annualized covariance runs at 254.6 %².
Within ROP's tracked universe of 47 assets, WTW comes in at #22 by 3-year correlation. The last year tells two different stories: WTW led by 23.5 percentage points, -19.3% for ROP against +4.2% for WTW. Do not treat this figure as fixed: across three years the rolling one-year correlation ranged all the way from 0.14 to 0.67.
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.
ROP vs WTW: side by side
| ROP (Roper Technologies) | WTW (Willis Towers Watson) | |
|---|---|---|
| 1-year return | -19.3% | +4.2% |
| 5-year return | -9.6% | +68.3% |
| Volatility (ann.) | 20.5% | 23.5% |
| Beta vs S&P 500 | 0.55 | 0.32 |
| Max drawdown (3Y) | -46.5% | -30.4% |
| Market cap | $41.8B | $31.5B |
| P/E (trailing) | 17.6 | 21.2 |
| Dividend yield | 0.86% | 0.55% |
| Sector / category | Information Technology | Financials |
Year-by-year returns
| Year | ROP | WTW |
|---|---|---|
| 2022 | -11.6% | +4.5% |
| 2023 | +26.9% | +0.1% |
| 2024 | -4.1% | +31.5% |
| 2025 | -13.8% | +6.1% |
| 2026 | -4.4% | +4.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ROP and WTW good diversifiers for each other?
To a limited degree. At 0.53 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between ROP and WTW?
Using weekly returns as of 2026-08-27: 0.53 over 3 years, with 0.66 over the last year and 0.54 over 5 years.
Is WTW a good diversifier for ROP?
To a limited degree. At 0.53 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.53 mean?
On the −1 to +1 scale, 0.53 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/rop-vs-wtw.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/rop-vs-wtw/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ROP correlations · WTW correlations
