FIS vs TRI: Correlation
How closely do Fidelity National Information Services (FIS) and Thomson Reuters Corp (TRI) trade together? Their weekly returns over three years give a correlation of 0.50, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FIS and TRI?
Across a 3-year window, the weekly returns of FIS and TRI correlate at 0.50, moderate. Recent behaviour matches the longer record: 0.55 over 1 year against 0.50 over 3. Stretching to 5 years gives 0.36, with an annualized covariance of 432.6 %².
Within FIS's tracked universe of 33 assets, TRI comes in at #7 by 3-year correlation. Neither side won the trailing year by much: -40.0% against -37.6%.
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 TRI: side by side
| FIS (Fidelity National Information Services) | TRI (Thomson Reuters Corp) | |
|---|---|---|
| 1-year return | -40.0% | -37.6% |
| 5-year return | -63.9% | -0.4% |
| Volatility (ann.) | 27.2% | 32.0% |
| Beta vs S&P 500 | 0.57 | 0.53 |
| Max drawdown (3Y) | -56.5% | -62.9% |
| Market cap | $20.9B | $45.4B |
| P/E (trailing) | 6.2 | 27.6 |
| Dividend yield | 4.13% | 2.48% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | FIS | TRI |
|---|---|---|
| 2022 | -36.5% | -3.0% |
| 2023 | -8.2% | +30.0% |
| 2024 | +37.0% | +11.1% |
| 2025 | -15.8% | -16.6% |
| 2026 | -37.8% | -17.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FIS and TRI good diversifiers for each other?
Only partially. A correlation of 0.50 means FIS and TRI share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between FIS and TRI?
Using weekly returns as of 2026-08-27: 0.50 over 3 years, with 0.55 over the last year and 0.36 over 5 years.
Is TRI a good diversifier for FIS?
Only partially. A correlation of 0.50 means FIS and TRI share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
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/fis-vs-tri.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/fis-vs-tri/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: FIS correlations · TRI correlations
