FIS vs TTD: Correlation
How closely do Fidelity National Information Services (FIS) and Trade Desk (The) (TTD) trade together? Their weekly returns over three years give a correlation of 0.53, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FIS and TTD?
On 3 years of weekly data the FIS/TTD correlation comes out at 0.53, moderate. The relationship has been stable: the 1-year correlation (0.47) sits close to the 3-year figure. The 5-year figure is 0.37, and annualized covariance runs at 874.1 %².
Among the 33 assets we track against FIS, TTD ranks #4 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months FIS outperformed by 34.5 percentage points (-40.0% for FIS against -74.5% for TTD). This link changes with the market regime, having swung between 0.14 and 0.65 on a rolling one-year basis. One caveat on sizing: TTD is 2.2 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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 TTD: side by side
| FIS (Fidelity National Information Services) | TTD (Trade Desk (The)) | |
|---|---|---|
| 1-year return | -40.0% | -74.5% |
| 5-year return | -63.9% | -83.4% |
| Volatility (ann.) | 27.2% | 60.7% |
| Beta vs S&P 500 | 0.57 | 1.23 |
| Max drawdown (3Y) | -56.5% | -90.7% |
| Market cap | $20.9B | $6.3B |
| P/E (trailing) | 6.2 | 15.4 |
| Dividend yield | 4.13% | 0.00% |
| Sector / category | Financials | Communication Services |
Year-by-year returns
| Year | FIS | TTD |
|---|---|---|
| 2022 | -36.5% | -51.1% |
| 2023 | -8.2% | +60.5% |
| 2024 | +37.0% | +63.3% |
| 2025 | -15.8% | -67.7% |
| 2026 | -37.8% | -64.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FIS and TTD good diversifiers for each other?
To a limited degree. At 0.53 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 FIS and TTD?
Using weekly returns as of 2026-08-27: 0.53 over 3 years, with 0.47 over the last year and 0.37 over 5 years.
Is TTD a good diversifier for FIS?
To a limited degree. At 0.53 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 0.53 mean?
A reading of 0.53 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-ttd.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/fis-vs-ttd/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: FIS correlations · TTD correlations
