FISV vs QTI: Correlation
Measured on weekly returns over the past three years, Fiserv (FISV) and QT Imaging Holdings, Inc. (QTI) carry a correlation of 0.30, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FISV and QTI?
Across a 3-year window, the weekly returns of FISV and QTI correlate at 0.30, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.72 versus 0.30 over 3 years. Stretching to 5 years gives 0.28, with an annualized covariance of 1288.9 %².
By 3-year correlation, QTI places #23 of the 39 assets tracked against FISV. Correlation aside, the last 12 months split them widely, with FISV ahead by 29.7 points (-61.9% versus -91.6%). One caveat on sizing: QTI is 2.8 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 QTI: side by side
| FISV (Fiserv) | QTI (QT Imaging Holdings, Inc.) | |
|---|---|---|
| 1-year return | -61.9% | -91.6% |
| 5-year return | -55.0% | -97.9% |
| Volatility (ann.) | 39.2% | 108.2% |
| Beta vs S&P 500 | 0.58 | 0.12 |
| Max drawdown (3Y) | -80.2% | -98.6% |
| Market cap | $28.0B | – |
| P/E (trailing) | 10.1 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | FISV | QTI |
|---|---|---|
| 2022 | -2.6% | +3.1% |
| 2023 | +31.4% | +7.7% |
| 2024 | +54.6% | -95.6% |
| 2025 | -67.3% | -16.7% |
| 2026 | -21.7% | -48.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FISV and QTI good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.30 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between FISV and QTI?
As of 2026-08-27, the correlation of weekly returns between FISV and QTI is 0.30 over 3 years, 0.72 over 1 year and 0.28 over 5 years.
Is QTI a good diversifier for FISV?
Yes, to a useful degree: a correlation of 0.30 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.30 mean?
A reading of 0.30 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/fisv-vs-qti.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/fisv-vs-qti/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: FISV correlations · QTI correlations
