BVFL vs PFS: Correlation
BV Financial, Inc. (BVFL) and Provident Financial Services, Inc (PFS) show a moderate relationship: their 3-year correlation of weekly returns is 0.58.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BVFL and PFS?
On 3 years of weekly data the BVFL/PFS correlation comes out at 0.58, moderate. The relationship has been stable: the 1-year correlation (0.54) sits close to the 3-year figure. The 5-year figure is 0.40, and annualized covariance runs at 417.8 %².
In BVFL's tracked universe of 11 assets, PFS sits right near the top at #3. Their 12-month results are close: +27.5% for BVFL against +23.9% for PFS.
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.
BVFL vs PFS: side by side
| BVFL (BV Financial, Inc.) | PFS (Provident Financial Services, Inc) | |
|---|---|---|
| 1-year return | +27.5% | +23.9% |
| 5-year return | +55.7% | +37.5% |
| Volatility (ann.) | 23.9% | 30.4% |
| Beta vs S&P 500 | 0.49 | 0.87 |
| Max drawdown (3Y) | -30.9% | -31.3% |
| Market cap | $0.2B | $3.1B |
| P/E (trailing) | 14.3 | 9.8 |
| Dividend yield | 0.00% | 2.04% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BVFL | PFS |
|---|---|---|
| 2022 | +24.4% | -8.0% |
| 2023 | -13.2% | -10.8% |
| 2024 | +21.4% | +10.7% |
| 2025 | +5.3% | +10.2% |
| 2026 | +17.8% | +23.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BVFL and PFS good diversifiers for each other?
To a limited degree. At 0.58 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between BVFL and PFS?
The BVFL/PFS correlation stands at 0.58 on a 3-year window (1 year: 0.54, 5 years: 0.40), computed from weekly returns as of 2026-08-27.
Is PFS a good diversifier for BVFL?
To a limited degree. At 0.58 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.58 mean?
On the −1 to +1 scale, 0.58 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/bvfl-vs-pfs.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/bvfl-vs-pfs/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BVFL correlations · PFS correlations
