PAYX correlations (Paychex)
Which assets move with PAYX and which ones diversify it, computed from weekly returns across 4756 stocks and ETFs.
Data as of 2026-08-27 · refreshed every trading day · Industrials · Human Resource & Employment Services
Volatility (ann.)
21.3%
3y weekly
Beta vs S&P 500
0.47
3y weekly
1-year return
-4.8%
price, adjusted
5-year return
+29.0%
price, adjusted
Market cap
$45.0B
latest
P/E ratio
25.5
trailing
Max drawdown
-45.0%
3y, daily closes
PAYX over the last 12 months, weekly closes indexed to 100 at the start.
Stocks and ETFs most correlated with PAYX
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| ADP | Automatic Data Processing | 0.84 | |
| ROP | Roper Technologies | 0.62 | |
| BR | Broadridge Financial Solutions | 0.62 | |
| PCTY | Paylocity Holding Corporation | 0.61 | |
| EXLS | ExlService Holdings, Inc. | 0.56 | |
| TNET | TriNet Group, Inc. | 0.56 | |
| KFY | Korn Ferry | 0.55 | |
| FDS | FactSet | 0.55 | |
| TRI | Thomson Reuters Corp | 0.55 | |
| SSNC | SS&C Technologies Holdings, Inc. | 0.54 | |
| EFX | Equifax | 0.54 | |
| MA | Mastercard | 0.54 | |
| JKHY | Jack Henry & Associates | 0.53 | |
| VRSK | Verisk Analytics | 0.53 | |
| CTSH | Cognizant | 0.53 |
Best diversifiers for PAYX
If the goal is offsetting PAYX, these tracked assets have historically moved the most on their own terms.
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| VIVK | Vivakor, Inc. | -0.23 | |
| VXZ | iPath Series B S&P 500 VIX Mid-Term Futures ETN | -0.23 | |
| GLW | Corning Inc. | -0.22 | |
| FNGD | MicroSectors FANG Index -3X Inverse Leveraged ETNs due | -0.22 | |
| ENLV | Enlivex Ltd. | -0.21 | |
| OMH | Ohmyhome Limited - Class A | -0.20 | |
| MLEC | Moolec Science SA | -0.19 | |
| WDC | Western Digital | -0.18 | |
| TER | Teradyne | -0.18 | |
| CSIQ | Canadian Solar Inc. | -0.17 |
PAYX vs benchmarks
PAYX vs its peers
Get PAYX data as JSON
$ curl https://www.pairbook.io/api/v1/symbols/payx.jsonCorrelations, diversifiers, beta and volatility for PAYX, plus one endpoint per pair. API documentation.
PAYX inside major ETFs
| ETF | PAYX weight | |
|---|---|---|
| SCHD | Schwab US Dividend Equity ETF | 0.98% |
| XLI | Industrial Select Sector SPDR Fund | 0.71% |
| QUAL | iShares MSCI USA Quality Factor ETF | 0.31% |
| RSP | Invesco S&P 500 Equal Weight ETF | 0.23% |
| QQQ | Invesco QQQ Trust | 0.2% |
| QQQM | Invesco Nasdaq 100 ETF | 0.2% |
| VYM | Vanguard High Dividend Yield ETF | 0.15% |
| VTV | Vanguard Value ETF | 0.14% |
| SPYV | SPDR Portfolio S&P 500 Value ETF | 0.13% |
| IVV | iShares Core S&P 500 ETF | 0.06% |
