FISV vs OSPN: Correlation
Measured on weekly returns over the past three years, Fiserv (FISV) and OneSpan Inc. (OSPN) carry a correlation of 0.44, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FISV and OSPN?
On 3 years of weekly data the FISV/OSPN correlation comes out at 0.44, moderate. The past 12 months show a tighter link (0.74) than the 3-year average (0.44). The 5-year figure is 0.35, and annualized covariance runs at 749.3 %².
Within FISV's tracked universe of 39 assets, OSPN comes in at #11 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months OSPN outperformed by 77.5 percentage points (-61.9% for FISV against +15.6% for OSPN).
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 OSPN: side by side
| FISV (Fiserv) | OSPN (OneSpan Inc.) | |
|---|---|---|
| 1-year return | -61.9% | +15.6% |
| 5-year return | -55.0% | -8.3% |
| Volatility (ann.) | 39.2% | 43.6% |
| Beta vs S&P 500 | 0.58 | 1.28 |
| Max drawdown (3Y) | -80.2% | -47.9% |
| Market cap | $28.0B | $0.6B |
| P/E (trailing) | 10.1 | 9.3 |
| Dividend yield | 0.00% | 3.32% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | FISV | OSPN |
|---|---|---|
| 2022 | -2.6% | -33.9% |
| 2023 | +31.4% | -4.2% |
| 2024 | +54.6% | +72.9% |
| 2025 | -67.3% | -28.5% |
| 2026 | -21.7% | +32.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FISV and OSPN good diversifiers for each other?
A fair diversifier. At 0.44, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between FISV and OSPN?
The FISV/OSPN correlation stands at 0.44 on a 3-year window (1 year: 0.74, 5 years: 0.35), computed from weekly returns as of 2026-08-27.
Is OSPN a good diversifier for FISV?
A fair diversifier. At 0.44, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.44 mean?
On the −1 to +1 scale, 0.44 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/fisv-vs-ospn.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/fisv-vs-ospn/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: FISV correlations · OSPN correlations