BSET vs WAFD: Correlation
Measured on weekly returns over the past three years, Bassett Furniture Industries, Incorporated (BSET) and WaFd, Inc. (WAFD) carry a correlation of 0.35, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BSET and WAFD?
On 3 years of weekly data the BSET/WAFD correlation comes out at 0.35, moderate. The relationship has been stable: the 1-year correlation (0.37) sits close to the 3-year figure. The 5-year figure is 0.33, and annualized covariance runs at 346.2 %².
Among the 10 assets we track against BSET, WAFD ranks #4 by 3-year correlation. Their 12-month results are close: +18.7% for BSET against +16.9% for WAFD.
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.
BSET vs WAFD: side by side
| BSET (Bassett Furniture Industries, Incorporated) | WAFD (WaFd, Inc.) | |
|---|---|---|
| 1-year return | +18.7% | +16.9% |
| 5-year return | +17.6% | +28.1% |
| Volatility (ann.) | 34.7% | 28.8% |
| Beta vs S&P 500 | 0.46 | 0.70 |
| Max drawdown (3Y) | -28.8% | -34.6% |
| Market cap | $0.2B | $2.7B |
| P/E (trailing) | 29.9 | 11.4 |
| Dividend yield | 4.21% | 2.95% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BSET | WAFD |
|---|---|---|
| 2022 | +15.6% | +3.4% |
| 2023 | -0.4% | +1.7% |
| 2024 | -12.1% | +1.1% |
| 2025 | +27.5% | +3.0% |
| 2026 | +16.7% | +15.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BSET and WAFD good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.35 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between BSET and WAFD?
As of 2026-08-27, the correlation of weekly returns between BSET and WAFD is 0.35 over 3 years, 0.37 over 1 year and 0.33 over 5 years.
Is WAFD a good diversifier for BSET?
Yes, to a useful degree: a correlation of 0.35 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.35 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
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Related comparisons
Hubs: BSET correlations · WAFD correlations
