ALTI vs BFC: Correlation
Measured on weekly returns over the past three years, AlTi Global, Inc. (ALTI) and Bank First Corporation (BFC) carry a correlation of 0.42, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ALTI and BFC?
On 3 years of weekly data the ALTI/BFC correlation comes out at 0.42, moderate. Recent behaviour matches the longer record: 0.33 over 1 year against 0.42 over 3. The 5-year figure is 0.21, and annualized covariance runs at 628.6 %².
Few assets follow ALTI as closely as BFC, which ranks #3 of 13 tracked partners. Their recent paths diverged sharply: over the last 12 months BFC outperformed by 26.7 percentage points (-8.3% for ALTI against +18.4% for BFC). Risk is not evenly split, since ALTI carries 2.1 times the volatility of the other side.
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.
ALTI vs BFC: side by side
| ALTI (AlTi Global, Inc.) | BFC (Bank First Corporation) | |
|---|---|---|
| 1-year return | -8.3% | +18.4% |
| 5-year return | -58.9% | +139.3% |
| Volatility (ann.) | 56.3% | 26.7% |
| Beta vs S&P 500 | 1.23 | 0.70 |
| Max drawdown (3Y) | -72.2% | -15.7% |
| Market cap | $0.6B | $1.7B |
| P/E (trailing) | – | 20.0 |
| Dividend yield | 0.00% | 1.27% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ALTI | BFC |
|---|---|---|
| 2022 | +10.4% | +30.0% |
| 2023 | -19.7% | -5.3% |
| 2024 | -49.7% | +16.4% |
| 2025 | +5.2% | +28.7% |
| 2026 | -14.7% | +25.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ALTI and BFC good diversifiers for each other?
A fair diversifier. At 0.42, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between ALTI and BFC?
The ALTI/BFC correlation stands at 0.42 on a 3-year window (1 year: 0.33, 5 years: 0.21), computed from weekly returns as of 2026-08-27.
Is BFC a good diversifier for ALTI?
A fair diversifier. At 0.42, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.42 mean?
A reading of 0.42 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/alti-vs-bfc.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/alti-vs-bfc/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ALTI correlations · BFC correlations
