ABCB vs WSFS: Correlation
Measured on weekly returns over the past three years, Ameris Bancorp (ABCB) and WSFS Financial Corporation (WSFS) carry a correlation of 0.87, a very strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ABCB and WSFS?
On 3 years of weekly data the ABCB/WSFS correlation comes out at 0.87, very strong, meaning they move nearly in lockstep. The link has loosened recently: the 1-year correlation (0.69) runs below the 3-year figure (0.87). The 5-year figure is 0.84, and annualized covariance runs at 776.0 %².
By 3-year correlation, WSFS places #13 of the 49 assets tracked against ABCB. The last year tells two different stories: WSFS led by 17.1 percentage points, +16.9% for ABCB against +34.0% for WSFS.
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.
ABCB vs WSFS: side by side
| ABCB (Ameris Bancorp) | WSFS (WSFS Financial Corporation) | |
|---|---|---|
| 1-year return | +16.9% | +34.0% |
| 5-year return | +86.9% | +85.9% |
| Volatility (ann.) | 29.7% | 29.9% |
| Beta vs S&P 500 | 1.06 | 0.89 |
| Max drawdown (3Y) | -29.5% | -24.7% |
| Market cap | $5.7B | $4.0B |
| P/E (trailing) | 15.5 | 13.2 |
| Dividend yield | 0.93% | 0.90% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ABCB | WSFS |
|---|---|---|
| 2022 | -3.8% | -8.4% |
| 2023 | +14.3% | +2.9% |
| 2024 | +19.4% | +17.1% |
| 2025 | +20.1% | +5.2% |
| 2026 | +15.5% | +43.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ABCB and WSFS good diversifiers for each other?
No: a correlation of 0.87 means ABCB and WSFS tend to fall together, which is precisely when diversification is supposed to help.
FAQ
What is the correlation between ABCB and WSFS?
As of 2026-08-27, the correlation of weekly returns between ABCB and WSFS is 0.87 over 3 years, 0.69 over 1 year and 0.84 over 5 years.
Is WSFS a good diversifier for ABCB?
No: a correlation of 0.87 means ABCB and WSFS tend to fall together, which is precisely when diversification is supposed to help.
What does a correlation of 0.87 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/abcb-vs-wsfs.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/abcb-vs-wsfs/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ABCB correlations · WSFS correlations
