FICO vs NVTS: Correlation
How closely do Fair Isaac (FICO) and Navitas Semiconductor Corporation (NVTS) trade together? Their weekly returns over three years give a correlation of -0.18, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FICO and NVTS?
Across a 3-year window, the weekly returns of FICO and NVTS correlate at -0.18, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.07) than the 3-year average (-0.18). Stretching to 5 years gives -0.06, with an annualized covariance of -997.2 %².
Within FICO's tracked universe of 30 assets, NVTS comes in at #22 by 3-year correlation. Correlation aside, the last 12 months split them widely, with NVTS ahead by 124.6 points (-18.5% versus +106.1%). Risk is not evenly split, since NVTS carries 2.7 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.
FICO vs NVTS: side by side
| FICO (Fair Isaac) | NVTS (Navitas Semiconductor Corporation) | |
|---|---|---|
| 1-year return | -18.5% | +106.1% |
| 5-year return | +154.2% | -2.3% |
| Volatility (ann.) | 45.1% | 122.7% |
| Beta vs S&P 500 | 1.27 | 2.11 |
| Max drawdown (3Y) | -61.3% | -81.8% |
| Market cap | $25.0B | $3.3B |
| P/E (trailing) | 32.8 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | FICO | NVTS |
|---|---|---|
| 2022 | +38.0% | -79.4% |
| 2023 | +94.5% | +129.9% |
| 2024 | +71.0% | -55.8% |
| 2025 | -15.1% | +100.0% |
| 2026 | -31.6% | +75.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FICO and NVTS good diversifiers for each other?
By historical standards, yes. A correlation of -0.18 means the two rarely move for the same reasons.
FAQ
What is the correlation between FICO and NVTS?
The FICO/NVTS correlation stands at -0.18 on a 3-year window (1 year: -0.07, 5 years: -0.06), computed from weekly returns as of 2026-08-27.
Is NVTS a good diversifier for FICO?
By historical standards, yes. A correlation of -0.18 means the two rarely move for the same reasons.
What does a correlation of -0.18 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/fico-vs-nvts.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/fico-vs-nvts/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: FICO correlations · NVTS correlations
