BUSE vs WSBC: Correlation
First Busey Corporation (BUSE) and WesBanco, Inc. (WSBC) show a very strong relationship: their 3-year correlation of weekly returns is 0.88.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BUSE and WSBC?
On 3 years of weekly data the BUSE/WSBC correlation comes out at 0.88, very strong, meaning they move nearly in lockstep. The relationship has been stable: the 1-year correlation (0.83) sits close to the 3-year figure. The 5-year figure is 0.85, and annualized covariance runs at 668.8 %².
By 3-year correlation, WSBC places #8 of the 38 assets tracked against BUSE. Twelve-month performance is nearly a tie, at +27.5% for BUSE and +28.6% for WSBC.
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 WSBC: side by side
| BUSE (First Busey Corporation) | WSBC (WesBanco, Inc.) | |
|---|---|---|
| 1-year return | +27.5% | +28.6% |
| 5-year return | +56.7% | +48.2% |
| Volatility (ann.) | 26.7% | 28.3% |
| Beta vs S&P 500 | 0.79 | 0.77 |
| Max drawdown (3Y) | -31.0% | -26.9% |
| Market cap | $2.5B | $3.9B |
| P/E (trailing) | 12.3 | 11.5 |
| Dividend yield | 3.39% | 3.73% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BUSE | WSBC |
|---|---|---|
| 2022 | -5.5% | +9.9% |
| 2023 | +5.1% | -10.9% |
| 2024 | -1.2% | +8.8% |
| 2025 | +5.5% | +7.0% |
| 2026 | +30.7% | +24.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BUSE and WSBC good diversifiers for each other?
No: a correlation of 0.88 means BUSE and WSBC tend to fall together, which is precisely when diversification is supposed to help.
FAQ
What is the correlation between BUSE and WSBC?
As of 2026-08-27, the correlation of weekly returns between BUSE and WSBC is 0.88 over 3 years, 0.83 over 1 year and 0.85 over 5 years.
Is WSBC a good diversifier for BUSE?
No: a correlation of 0.88 means BUSE and WSBC tend to fall together, which is precisely when diversification is supposed to help.
What does a correlation of 0.88 mean?
A reading of 0.88 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/buse-vs-wsbc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/buse-vs-wsbc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BUSE correlations · WSBC correlations
