EBAY vs FIS: Correlation
Measured on weekly returns over the past three years, eBay Inc. (EBAY) and Fidelity National Information Services (FIS) carry a correlation of 0.34, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EBAY and FIS?
Across a 3-year window, the weekly returns of EBAY and FIS correlate at 0.34, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.54 versus 0.34 over 3 years. Stretching to 5 years gives 0.40, with an annualized covariance of 268.8 %².
Among the 33 assets we track against EBAY, FIS ranks #13 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months EBAY outperformed by 50.6 percentage points (+10.6% for EBAY against -40.0% for FIS). This link changes with the market regime, having swung between -0.08 and 0.57 on a rolling one-year basis.
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.
EBAY vs FIS: side by side
| EBAY (eBay Inc.) | FIS (Fidelity National Information Services) | |
|---|---|---|
| 1-year return | +10.6% | -40.0% |
| 5-year return | +43.9% | -63.9% |
| Volatility (ann.) | 28.9% | 27.2% |
| Beta vs S&P 500 | 0.58 | 0.57 |
| Max drawdown (3Y) | -20.7% | -56.5% |
| Market cap | $45.5B | $20.9B |
| P/E (trailing) | 21.9 | 6.2 |
| Dividend yield | 1.15% | 4.13% |
| Sector / category | Consumer Discretionary | Financials |
Year-by-year returns
| Year | EBAY | FIS |
|---|---|---|
| 2022 | -36.5% | -36.5% |
| 2023 | +7.7% | -8.2% |
| 2024 | +44.8% | +37.0% |
| 2025 | +42.7% | -15.8% |
| 2026 | +18.1% | -37.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EBAY and FIS good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.34 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between EBAY and FIS?
Using weekly returns as of 2026-08-27: 0.34 over 3 years, with 0.54 over the last year and 0.40 over 5 years.
Is FIS a good diversifier for EBAY?
Yes, to a useful degree: a correlation of 0.34 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.34 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/ebay-vs-fis.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ebay-vs-fis/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: EBAY correlations · FIS correlations
