FIS vs SKM: Correlation
Measured on weekly returns over the past three years, Fidelity National Information Services (FIS) and SK Telecom Co., Ltd. (SKM) carry a correlation of -0.22, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FIS and SKM?
On 3 years of weekly data the FIS/SKM correlation comes out at -0.22, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.44) runs below the 3-year figure (-0.22). The 5-year figure is -0.05, and annualized covariance runs at -188.2 %².
Among the 33 assets we track against FIS, SKM ranks #26 by 3-year correlation. The last year tells two different stories: SKM led by 120.1 percentage points, -40.0% for FIS against +80.1% for SKM.
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.
FIS vs SKM: side by side
| FIS (Fidelity National Information Services) | SKM (SK Telecom Co., Ltd.) | |
|---|---|---|
| 1-year return | -40.0% | +80.1% |
| 5-year return | -63.9% | +83.7% |
| Volatility (ann.) | 27.2% | 31.3% |
| Beta vs S&P 500 | 0.57 | 0.32 |
| Max drawdown (3Y) | -56.5% | -35.6% |
| Market cap | $20.9B | $15.2B |
| P/E (trailing) | 6.2 | 29.0 |
| Dividend yield | 4.13% | 4170.85% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | FIS | SKM |
|---|---|---|
| 2022 | -36.5% | -17.8% |
| 2023 | -8.2% | +11.6% |
| 2024 | +37.0% | +2.9% |
| 2025 | -15.8% | +1.0% |
| 2026 | -37.8% | +92.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FIS and SKM good diversifiers for each other?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
FAQ
What is the correlation between FIS and SKM?
The FIS/SKM correlation stands at -0.22 on a 3-year window (1 year: -0.44, 5 years: -0.05), computed from weekly returns as of 2026-08-27.
Is SKM a good diversifier for FIS?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
What does a correlation of -0.22 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/fis-vs-skm.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/fis-vs-skm/)
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Related comparisons
Hubs: FIS correlations · SKM correlations
