FICO vs QTWO: Correlation
Fair Isaac (FICO) and Q2 Holdings, Inc. (QTWO) show a moderate relationship: their 3-year correlation of weekly returns is 0.50.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FICO and QTWO?
On 3 years of weekly data the FICO/QTWO correlation comes out at 0.50, moderate. The link has loosened recently: the 1-year correlation (0.39) runs below the 3-year figure (0.50). The 5-year figure is 0.47, and annualized covariance runs at 950.0 %².
Among the 30 assets we track against FICO, QTWO ranks #7 by 3-year correlation. Twelve-month performance is nearly a tie, at -18.5% for FICO and -16.0% for QTWO.
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 QTWO: side by side
| FICO (Fair Isaac) | QTWO (Q2 Holdings, Inc.) | |
|---|---|---|
| 1-year return | -18.5% | -16.0% |
| 5-year return | +154.2% | -24.7% |
| Volatility (ann.) | 45.1% | 41.9% |
| Beta vs S&P 500 | 1.27 | 1.41 |
| Max drawdown (3Y) | -61.3% | -62.0% |
| Market cap | $25.0B | $4.1B |
| P/E (trailing) | 32.8 | 45.9 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | FICO | QTWO |
|---|---|---|
| 2022 | +38.0% | -66.2% |
| 2023 | +94.5% | +61.6% |
| 2024 | +71.0% | +131.9% |
| 2025 | -15.1% | -28.3% |
| 2026 | -31.6% | -9.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FICO and QTWO good diversifiers for each other?
To a limited degree. At 0.50 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between FICO and QTWO?
The FICO/QTWO correlation stands at 0.50 on a 3-year window (1 year: 0.39, 5 years: 0.47), computed from weekly returns as of 2026-08-27.
Is QTWO a good diversifier for FICO?
To a limited degree. At 0.50 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.50 mean?
A reading of 0.50 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/fico-vs-qtwo.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/fico-vs-qtwo/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: FICO correlations · QTWO correlations
