BR vs FIS: Correlation
How closely do Broadridge Financial Solutions (BR) and Fidelity National Information Services (FIS) trade together? Their weekly returns over three years give a correlation of 0.48, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BR and FIS?
Over the past 3 years, BR and FIS moved with a correlation of 0.48, which is moderate. The link has tightened recently: the 1-year correlation (0.65) runs above the 3-year figure (0.48). Over 5 years the correlation is 0.48, and the annualized covariance of weekly returns is 296.6 %².
Within BR's tracked universe of 45 assets, FIS comes in at #27 by 3-year correlation. Over the last 12 months BR came out ahead by 12.4 percentage points (-27.6% against -40.0%). Do not treat this figure as fixed: across three years the rolling one-year correlation ranged all the way from 0.14 to 0.70.
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.
BR vs FIS: side by side
| BR (Broadridge Financial Solutions) | FIS (Fidelity National Information Services) | |
|---|---|---|
| 1-year return | -27.6% | -40.0% |
| 5-year return | +16.0% | -63.9% |
| Volatility (ann.) | 22.6% | 27.2% |
| Beta vs S&P 500 | 0.65 | 0.57 |
| Max drawdown (3Y) | -48.2% | -56.5% |
| Market cap | $20.9B | $20.9B |
| P/E (trailing) | 18.9 | 6.2 |
| Dividend yield | 2.15% | 4.13% |
| Sector / category | Industrials | Financials |
Year-by-year returns
| Year | BR | FIS |
|---|---|---|
| 2022 | -25.3% | -36.5% |
| 2023 | +56.2% | -8.2% |
| 2024 | +11.7% | +37.0% |
| 2025 | +0.3% | -15.8% |
| 2026 | -17.0% | -37.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BR and FIS good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.48 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between BR and FIS?
The BR/FIS correlation stands at 0.48 on a 3-year window (1 year: 0.65, 5 years: 0.48), computed from weekly returns as of 2026-08-27.
Is FIS a good diversifier for BR?
Yes, to a useful degree: a correlation of 0.48 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.48 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/br-vs-fis.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/br-vs-fis/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BR correlations · FIS correlations
