BPRN vs FSBW: Correlation
Princeton Bancorp, Inc. (BPRN) and FS Bancorp, Inc. (FSBW) show a strong relationship: their 3-year correlation of weekly returns is 0.68.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BPRN and FSBW?
On 3 years of weekly data the BPRN/FSBW correlation comes out at 0.68, strong. Little has changed lately, as the 1-year reading of 0.63 lands near the 3-year figure. The 5-year figure is 0.60, and annualized covariance runs at 514.6 %².
Few assets follow BPRN as closely as FSBW, which ranks #2 of 11 tracked partners. The last year tells two different stories: BPRN led by 25.6 percentage points, +29.1% for BPRN against +3.5% for FSBW.
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.
BPRN vs FSBW: side by side
| BPRN (Princeton Bancorp, Inc.) | FSBW (FS Bancorp, Inc.) | |
|---|---|---|
| 1-year return | +29.1% | +3.5% |
| 5-year return | +66.1% | +47.7% |
| Volatility (ann.) | 27.6% | 27.5% |
| Beta vs S&P 500 | 0.75 | 0.69 |
| Max drawdown (3Y) | -28.2% | -26.1% |
| Market cap | $0.3B | $0.3B |
| P/E (trailing) | 11.2 | 9.7 |
| Dividend yield | 3.19% | 2.69% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BPRN | FSBW |
|---|---|---|
| 2022 | +11.8% | +2.4% |
| 2023 | +17.7% | +14.1% |
| 2024 | -0.6% | +14.3% |
| 2025 | +4.8% | +3.7% |
| 2026 | +25.1% | +5.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BPRN and FSBW good diversifiers for each other?
Only partially. A correlation of 0.68 means BPRN and FSBW share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between BPRN and FSBW?
As of 2026-08-27, the correlation of weekly returns between BPRN and FSBW is 0.68 over 3 years, 0.63 over 1 year and 0.60 over 5 years.
Is FSBW a good diversifier for BPRN?
Only partially. A correlation of 0.68 means BPRN and FSBW share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.68 mean?
On the −1 to +1 scale, 0.68 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/bprn-vs-fsbw.json
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Related comparisons
Hubs: BPRN correlations · FSBW correlations
