PairBook
HomeANET › ANET vs FSEA

ANET vs FSEA: Correlation

Measured on weekly returns over the past three years, Arista Networks (ANET) and First Seacoast Bancorp, Inc. (FSEA) carry a correlation of -0.18, a negative link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
-0.18
negative
Correlation (1Y)
-0.37
last 12 months
Correlation (5Y)
-0.13
long-run
Ann. covariance
-290.0
%² · weekly, annualized

How correlated are ANET and FSEA?

Across a 3-year window, the weekly returns of ANET and FSEA correlate at -0.18, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.37) than the 3-year average (-0.18). Stretching to 5 years gives -0.13, with an annualized covariance of -290.0 %².

Out of 35 assets tracked against ANET, FSEA lands near the bottom at #31. Their 12-month results are close: +50.9% for ANET against +48.9% for FSEA.

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.

ANET vs FSEA: side by side

ANET (Arista Networks)FSEA (First Seacoast Bancorp, Inc.)
1-year return+50.9%+48.9%
5-year return+764.7%+44.2%
Volatility (ann.)49.3%33.2%
Beta vs S&P 5002.200.19
Max drawdown (3Y)-50.4%-21.5%
Market cap$253.6B$0.1B
P/E (trailing)64.0
Dividend yield0.00%0.00%
Sector / categoryInformation TechnologyUS Listed
Smaller drawdown: FSEA -21.5% vs -50.4%Higher 5y return: ANET +764.7% vs +44.2%
-18%0%+47%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). ANET · FSEA

Year-by-year returns

YearANETFSEA
2022-15.6%-10.5%
2023+94.1%-32.7%
2024+87.7%+30.6%
2025+18.5%+31.5%
2026+53.5%+29.7%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are ANET and FSEA good diversifiers for each other?

By historical standards, yes. A correlation of -0.18 means the two rarely move for the same reasons.

FAQ

What is the correlation between ANET and FSEA?

Using weekly returns as of 2026-08-27: -0.18 over 3 years, with -0.37 over the last year and -0.13 over 5 years.

Is FSEA a good diversifier for ANET?

By historical standards, yes. A correlation of -0.18 means the two rarely move for the same reasons.

What does a correlation of -0.18 mean?

A reading of -0.18 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/anet-vs-fsea.json

ANET vs FSEA: 3-year weekly correlation -0.18ANET vs FSEA-0.18

Markdown for the live badge, attribution link included:

[![ANET vs FSEA correlation](https://www.pairbook.io/api/v1/badge/anet-vs-fsea.svg)](https://www.pairbook.io/pair/anet-vs-fsea/)

The core API is free. Terms and every endpoint in the API documentation.

Related comparisons

Hubs: ANET correlations · FSEA correlations