FNF vs TSN: Correlation
How closely do Fidelity National Financial, Inc. (FNF) and Tyson Foods (TSN) trade together? Their weekly returns over three years give a correlation of 0.48, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FNF and TSN?
Across a 3-year window, the weekly returns of FNF and TSN correlate at 0.48, moderate. The link has loosened recently: the 1-year correlation (0.33) runs below the 3-year figure (0.48). Stretching to 5 years gives 0.37, with an annualized covariance of 268.5 %².
Within FNF's tracked universe of 14 assets, TSN comes in at #7 by 3-year correlation. Correlation aside, the last 12 months split them widely, with TSN ahead by 15.4 points (-15.7% versus -0.3%).
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.
FNF vs TSN: side by side
| FNF (Fidelity National Financial, Inc.) | TSN (Tyson Foods) | |
|---|---|---|
| 1-year return | -15.7% | -0.3% |
| 5-year return | +27.3% | -17.3% |
| Volatility (ann.) | 24.8% | 22.8% |
| Beta vs S&P 500 | 0.66 | 0.19 |
| Max drawdown (3Y) | -30.0% | -20.3% |
| Market cap | $12.7B | $19.5B |
| P/E (trailing) | 16.5 | 35.0 |
| Dividend yield | 4.34% | 0.88% |
| Sector / category | US Listed | Consumer Staples |
Year-by-year returns
| Year | FNF | TSN |
|---|---|---|
| 2022 | -21.6% | -26.9% |
| 2023 | +42.2% | -10.4% |
| 2024 | +14.0% | +10.5% |
| 2025 | +4.4% | +5.7% |
| 2026 | -11.4% | -4.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FNF and TSN good diversifiers for each other?
Reasonably. At 0.48, FNF and TSN keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between FNF and TSN?
Using weekly returns as of 2026-08-27: 0.48 over 3 years, with 0.33 over the last year and 0.37 over 5 years.
Is TSN a good diversifier for FNF?
Reasonably. At 0.48, FNF and TSN keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.48 mean?
On the −1 to +1 scale, 0.48 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/fnf-vs-tsn.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/fnf-vs-tsn/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: FNF correlations · TSN correlations
