FIX vs GITS: Correlation
How closely do Comfort Systems USA (FIX) and Global Interactive Technologies, Inc. (GITS) trade together? Their weekly returns over three years give a correlation of -0.27, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FIX and GITS?
Across a 3-year window, the weekly returns of FIX and GITS correlate at -0.27, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at -0.07 versus -0.27 over 3 years. Stretching to 5 years gives n/a, with an annualized covariance of -17090.7 %².
GITS is close to the least connected end of FIX's tracked universe, ranking #34 of 37. The last year tells two different stories: FIX led by 150.1 percentage points, +128.0% for FIX against -22.1% for GITS. Note the risk asymmetry: GITS runs 28.5 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
FIX vs GITS: side by side
| FIX (Comfort Systems USA) | GITS (Global Interactive Technologies, Inc.) | |
|---|---|---|
| 1-year return | +128.0% | -22.1% |
| 5-year return | +2077.9% | n/a |
| Volatility (ann.) | 47.4% | 1352.0% |
| Beta vs S&P 500 | 1.74 | -3.91 |
| Max drawdown (3Y) | -46.0% | -98.4% |
| Market cap | $56.8B | – |
| P/E (trailing) | 39.8 | – |
| Dividend yield | 0.16% | 0.00% |
| Sector / category | Industrials | US Listed |
Year-by-year returns
| Year | FIX | GITS |
|---|---|---|
| 2022 | +17.0% | – |
| 2023 | +79.6% | – |
| 2024 | +106.9% | -69.5% |
| 2025 | +120.9% | +186.6% |
| 2026 | +73.3% | +154.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FIX and GITS good diversifiers for each other?
By historical standards, yes. A correlation of -0.27 means the two rarely move for the same reasons.
FAQ
What is the correlation between FIX and GITS?
As of 2026-08-27, the correlation of weekly returns between FIX and GITS is -0.27 over 3 years, -0.07 over 1 year and n/a over 5 years.
Is GITS a good diversifier for FIX?
By historical standards, yes. A correlation of -0.27 means the two rarely move for the same reasons.
What does a correlation of -0.27 mean?
On the −1 to +1 scale, -0.27 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/fix-vs-gits.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/fix-vs-gits/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: FIX correlations · GITS correlations
