BUSE vs SFIX: Correlation
How closely do First Busey Corporation (BUSE) and Stitch Fix, Inc. (SFIX) trade together? Their weekly returns over three years give a correlation of 0.44, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BUSE and SFIX?
On 3 years of weekly data the BUSE/SFIX correlation comes out at 0.44, moderate. The relationship has been stable: the 1-year correlation (0.42) sits close to the 3-year figure. The 5-year figure is 0.41, and annualized covariance runs at 879.2 %².
Among the 38 assets we track against BUSE, SFIX ranks #33 by 3-year correlation. Correlation aside, the last 12 months split them widely, with BUSE ahead by 71.0 points (+27.5% versus -43.5%). Note the risk asymmetry: SFIX runs 2.8 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.
BUSE vs SFIX: side by side
| BUSE (First Busey Corporation) | SFIX (Stitch Fix, Inc.) | |
|---|---|---|
| 1-year return | +27.5% | -43.5% |
| 5-year return | +56.7% | -92.6% |
| Volatility (ann.) | 26.7% | 74.6% |
| Beta vs S&P 500 | 0.79 | 1.71 |
| Max drawdown (3Y) | -31.0% | -58.6% |
| Market cap | $2.5B | $0.4B |
| P/E (trailing) | 12.3 | – |
| Dividend yield | 3.39% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BUSE | SFIX |
|---|---|---|
| 2022 | -5.5% | -83.6% |
| 2023 | +5.1% | +14.8% |
| 2024 | -1.2% | +20.7% |
| 2025 | +5.5% | +21.8% |
| 2026 | +30.7% | -41.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BUSE and SFIX good diversifiers for each other?
A fair diversifier. At 0.44, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between BUSE and SFIX?
As of 2026-08-27, the correlation of weekly returns between BUSE and SFIX is 0.44 over 3 years, 0.42 over 1 year and 0.41 over 5 years.
Is SFIX a good diversifier for BUSE?
A fair diversifier. At 0.44, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.44 mean?
On the −1 to +1 scale, 0.44 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/buse-vs-sfix.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/buse-vs-sfix/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BUSE correlations · SFIX correlations
