BRBR vs FIS: Correlation
BellRing Brands, Inc. (BRBR) and Fidelity National Information Services (FIS) show a moderate relationship: their 3-year correlation of weekly returns is 0.39.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BRBR and FIS?
Across a 3-year window, the weekly returns of BRBR and FIS correlate at 0.39, moderate. Little has changed lately, as the 1-year reading of 0.43 lands near the 3-year figure. Stretching to 5 years gives 0.28, with an annualized covariance of 549.1 %².
Few assets follow BRBR as closely as FIS, which ranks #2 of 20 tracked partners. The last year tells two different stories: FIS led by 34.8 percentage points, -74.8% for BRBR against -40.0% for FIS. Risk is not evenly split, since BRBR carries 1.9 times the volatility of the other side.
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.
BRBR vs FIS: side by side
| BRBR (BellRing Brands, Inc.) | FIS (Fidelity National Information Services) | |
|---|---|---|
| 1-year return | -74.8% | -40.0% |
| 5-year return | -68.8% | -63.9% |
| Volatility (ann.) | 51.5% | 27.2% |
| Beta vs S&P 500 | 0.49 | 0.57 |
| Max drawdown (3Y) | -90.0% | -56.5% |
| Market cap | $1.2B | $20.9B |
| P/E (trailing) | 7.6 | 6.2 |
| Dividend yield | 0.00% | 4.13% |
| Sector / category | US Listed | Financials |
Year-by-year returns
| Year | BRBR | FIS |
|---|---|---|
| 2022 | -10.1% | -36.5% |
| 2023 | +116.2% | -8.2% |
| 2024 | +35.9% | +37.0% |
| 2025 | -64.5% | -15.8% |
| 2026 | -61.6% | -37.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BRBR and FIS good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.39 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between BRBR and FIS?
As of 2026-08-27, the correlation of weekly returns between BRBR and FIS is 0.39 over 3 years, 0.43 over 1 year and 0.28 over 5 years.
Is FIS a good diversifier for BRBR?
Yes, to a useful degree: a correlation of 0.39 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.39 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/brbr-vs-fis.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/brbr-vs-fis/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BRBR correlations · FIS correlations