BBT vs BUSE: Correlation
Beacon Financial Corporation (BBT) and First Busey Corporation (BUSE) show a very strong relationship: their 3-year correlation of weekly returns is 0.85.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BBT and BUSE?
Over the past 3 years, BBT and BUSE moved with a correlation of 0.85, which is very strong, meaning they move nearly in lockstep. The relationship has been stable: the 1-year correlation (0.75) sits close to the 3-year figure. Over 5 years the correlation is 0.79, and the annualized covariance of weekly returns is 660.8 %².
BUSE is one of the assets that tracks BBT most closely: it ranks #1 out of the 14 assets we track against BBT. Their 12-month results are close: +24.4% for BBT against +27.5% for BUSE.
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.
BBT vs BUSE: side by side
| BBT (Beacon Financial Corporation) | BUSE (First Busey Corporation) | |
|---|---|---|
| 1-year return | +24.4% | +27.5% |
| 5-year return | +46.9% | +56.7% |
| Volatility (ann.) | 29.2% | 26.7% |
| Beta vs S&P 500 | 0.73 | 0.79 |
| Max drawdown (3Y) | -26.4% | -31.0% |
| Market cap | $2.6B | $2.5B |
| P/E (trailing) | 10.3 | 12.3 |
| Dividend yield | 4.07% | 3.39% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BBT | BUSE |
|---|---|---|
| 2022 | +7.2% | -5.5% |
| 2023 | -14.3% | +5.1% |
| 2024 | +17.9% | -1.2% |
| 2025 | -4.2% | +5.5% |
| 2026 | +23.5% | +30.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BBT and BUSE good diversifiers for each other?
No: a correlation of 0.85 means BBT and BUSE tend to fall together, which is precisely when diversification is supposed to help.
FAQ
What is the correlation between BBT and BUSE?
Using weekly returns as of 2026-08-27: 0.85 over 3 years, with 0.75 over the last year and 0.79 over 5 years.
Is BUSE a good diversifier for BBT?
No: a correlation of 0.85 means BBT and BUSE tend to fall together, which is precisely when diversification is supposed to help.
What does a correlation of 0.85 mean?
A reading of 0.85 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/bbt-vs-buse.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/bbt-vs-buse/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BBT correlations · BUSE correlations
