BCH vs IFS: Correlation
Measured on weekly returns over the past three years, Banco De Chile (BCH) and Intercorp Financial Services Inc. (IFS) 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 BCH and IFS?
On 3 years of weekly data the BCH/IFS correlation comes out at 0.42, moderate. The past 12 months show a tighter link (0.63) than the 3-year average (0.42). The 5-year figure is 0.33, and annualized covariance runs at 320.6 %².
By 3-year correlation, IFS places #9 of the 15 assets tracked against BCH. On 12-month performance BCH holds a 12.2-point edge, +55.4% against +43.2%.
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.
BCH vs IFS: side by side
| BCH (Banco De Chile) | IFS (Intercorp Financial Services Inc.) | |
|---|---|---|
| 1-year return | +55.4% | +43.2% |
| 5-year return | +219.8% | +212.7% |
| Volatility (ann.) | 24.6% | 30.7% |
| Beta vs S&P 500 | 0.63 | 0.52 |
| Max drawdown (3Y) | -20.0% | -26.8% |
| Market cap | $21.0B | $6.0B |
| P/E (trailing) | 15.8 | 10.0 |
| Dividend yield | 0.00% | 11.04% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BCH | IFS |
|---|---|---|
| 2022 | +41.2% | -5.4% |
| 2023 | +23.4% | -1.5% |
| 2024 | +6.1% | +39.9% |
| 2025 | +81.2% | +49.0% |
| 2026 | +16.1% | +33.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BCH and IFS good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.42 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between BCH and IFS?
The BCH/IFS correlation stands at 0.42 on a 3-year window (1 year: 0.63, 5 years: 0.33), computed from weekly returns as of 2026-08-27.
Is IFS a good diversifier for BCH?
Yes, to a useful degree: a correlation of 0.42 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.42 mean?
On the −1 to +1 scale, 0.42 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/bch-vs-ifs.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bch-vs-ifs/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: BCH correlations · IFS correlations
