BETR vs FSEA: Correlation
How closely do Better Home & Finance Holding Company (BETR) and First Seacoast Bancorp, Inc. (FSEA) trade together? Their weekly returns over three years give a correlation of -0.18, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BETR and FSEA?
On 3 years of weekly data the BETR/FSEA correlation comes out at -0.18, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.33) runs below the 3-year figure (-0.18). The 5-year figure is -0.04, and annualized covariance runs at -609.4 %².
Among the 12 assets we track against BETR, FSEA sits near the bottom by co-movement, at rank #11. Their recent paths diverged sharply: over the last 12 months FSEA outperformed by 80.4 percentage points (-31.5% for BETR against +48.9% for FSEA). Note the risk asymmetry: BETR runs 3.1 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
BETR vs FSEA: side by side
| BETR (Better Home & Finance Holding Company) | FSEA (First Seacoast Bancorp, Inc.) | |
|---|---|---|
| 1-year return | -31.5% | +48.9% |
| 5-year return | -97.1% | +44.2% |
| Volatility (ann.) | 101.5% | 33.2% |
| Beta vs S&P 500 | 1.13 | 0.19 |
| Max drawdown (3Y) | -86.5% | -21.5% |
| Market cap | $0.3B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BETR | FSEA |
|---|---|---|
| 2022 | +1.9% | -10.5% |
| 2023 | -91.9% | -32.7% |
| 2024 | -78.2% | +30.6% |
| 2025 | +265.2% | +31.5% |
| 2026 | -55.2% | +29.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BETR and FSEA good diversifiers for each other?
By historical standards, yes. A correlation of -0.18 means the two rarely move for the same reasons.
FAQ
What is the correlation between BETR and FSEA?
The BETR/FSEA correlation stands at -0.18 on a 3-year window (1 year: -0.33, 5 years: -0.04), computed from weekly returns as of 2026-08-27.
Is FSEA a good diversifier for BETR?
By historical standards, yes. A correlation of -0.18 means the two rarely move for the same reasons.
What does a correlation of -0.18 mean?
On the −1 to +1 scale, -0.18 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
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$ curl https://www.pairbook.io/api/v1/pairs/betr-vs-fsea.json
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Related comparisons
Hubs: BETR correlations · FSEA correlations
