BBAR vs FISV: Correlation
Banco BBVA Argentina S.A. (BBAR) and Fiserv (FISV) show a negative relationship: their 3-year correlation of weekly returns is -0.30.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BBAR and FISV?
Across a 3-year window, the weekly returns of BBAR and FISV correlate at -0.30, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.54) runs below the 3-year figure (-0.30). Stretching to 5 years gives -0.15, with an annualized covariance of -828.5 %².
Out of 17 assets tracked against BBAR, FISV lands near the bottom at #16. Their recent paths diverged sharply: over the last 12 months BBAR outperformed by 82.5 percentage points (+20.6% for BBAR against -61.9% for FISV). Note the risk asymmetry: BBAR runs 1.8 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
BBAR vs FISV: side by side
| BBAR (Banco BBVA Argentina S.A.) | FISV (Fiserv) | |
|---|---|---|
| 1-year return | +20.6% | -61.9% |
| 5-year return | +356.0% | -55.0% |
| Volatility (ann.) | 70.3% | 39.2% |
| Beta vs S&P 500 | 1.06 | 0.58 |
| Max drawdown (3Y) | -66.3% | -80.2% |
| Market cap | $3.0B | $28.0B |
| P/E (trailing) | 15.9 | 10.1 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | Financials |
Year-by-year returns
| Year | BBAR | FISV |
|---|---|---|
| 2022 | +34.6% | -2.6% |
| 2023 | +47.3% | +31.4% |
| 2024 | +315.7% | +54.6% |
| 2025 | -5.2% | -67.3% |
| 2026 | -17.7% | -21.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BBAR and FISV good diversifiers for each other?
Yes. With a correlation of -0.30, BBAR and FISV have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between BBAR and FISV?
As of 2026-08-27, the correlation of weekly returns between BBAR and FISV is -0.30 over 3 years, -0.54 over 1 year and -0.15 over 5 years.
Is FISV a good diversifier for BBAR?
Yes. With a correlation of -0.30, BBAR and FISV have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.30 mean?
A reading of -0.30 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/bbar-vs-fisv.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bbar-vs-fisv/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: BBAR correlations · FISV correlations
