FISV vs MA: Correlation
Measured on weekly returns over the past three years, Fiserv (FISV) and Mastercard (MA) carry a correlation of 0.41, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FISV and MA?
Over the past 3 years, FISV and MA moved with a correlation of 0.41, which is moderate. Recent behaviour matches the longer record: 0.45 over 1 year against 0.41 over 3. Over 5 years the correlation is 0.48, and the annualized covariance of weekly returns is 311.5 %².
By 3-year correlation, MA places #17 of the 39 assets tracked against FISV. The last year tells two different stories: MA led by 62.7 percentage points, -61.9% for FISV against +0.8% for MA. Across three years, the rolling one-year figure varied moderately, from 0.31 to 0.70. One caveat on sizing: FISV is 2.0 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.
FISV vs MA: side by side
| FISV (Fiserv) | MA (Mastercard) | |
|---|---|---|
| 1-year return | -61.9% | +0.8% |
| 5-year return | -55.0% | +72.6% |
| Volatility (ann.) | 39.2% | 19.3% |
| Beta vs S&P 500 | 0.58 | 0.77 |
| Max drawdown (3Y) | -80.2% | -20.9% |
| Market cap | $28.0B | $518.4B |
| P/E (trailing) | 10.1 | 32.9 |
| Dividend yield | 0.00% | 0.56% |
| Sector / category | Financials | Financials |
Year-by-year returns
| Year | FISV | MA |
|---|---|---|
| 2022 | -2.6% | -2.7% |
| 2023 | +31.4% | +23.4% |
| 2024 | +54.6% | +24.2% |
| 2025 | -67.3% | +9.0% |
| 2026 | -21.7% | +4.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FISV and MA good diversifiers for each other?
Reasonably. At 0.41, FISV and MA keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between FISV and MA?
Using weekly returns as of 2026-08-27: 0.41 over 3 years, with 0.45 over the last year and 0.48 over 5 years.
Is MA a good diversifier for FISV?
Reasonably. At 0.41, FISV and MA keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.41 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/fisv-vs-ma.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/fisv-vs-ma/)
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Related comparisons
Hubs: FISV correlations · MA correlations
