BWFG vs YIBO: Correlation
Bankwell Financial Group, Inc. (BWFG) and Planet Image International Limited - Class A (YIBO) show a moderate relationship: their 3-year correlation of weekly returns is 0.36.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BWFG and YIBO?
Over the past 3 years, BWFG and YIBO moved with a correlation of 0.36, which is moderate. Lately the two have drifted apart, with the 1-year correlation at 0.21 versus 0.36 over 3 years. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 1049.6 %².
Out of 13 assets tracked against BWFG, YIBO lands near the bottom at #9. Their recent paths diverged sharply: over the last 12 months BWFG outperformed by 63.4 percentage points (+57.5% for BWFG against -5.9% for YIBO). One caveat on sizing: YIBO is 4.1 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
BWFG vs YIBO: side by side
| BWFG (Bankwell Financial Group, Inc.) | YIBO (Planet Image International Limited - Class A) | |
|---|---|---|
| 1-year return | +57.5% | -5.9% |
| 5-year return | +149.4% | n/a |
| Volatility (ann.) | 26.8% | 109.6% |
| Beta vs S&P 500 | 0.73 | 0.81 |
| Max drawdown (3Y) | -24.7% | -85.6% |
| Market cap | $0.5B | $0.1B |
| P/E (trailing) | 12.3 | – |
| Dividend yield | 1.22% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BWFG | YIBO |
|---|---|---|
| 2022 | -8.2% | – |
| 2023 | +5.8% | – |
| 2024 | +6.4% | – |
| 2025 | +50.3% | -72.1% |
| 2026 | +46.3% | +26.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BWFG and YIBO good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.36 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between BWFG and YIBO?
The BWFG/YIBO correlation stands at 0.36 on a 3-year window (1 year: 0.21, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is YIBO a good diversifier for BWFG?
Yes, to a useful degree: a correlation of 0.36 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.36 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
$ curl https://www.pairbook.io/api/v1/pairs/bwfg-vs-yibo.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/bwfg-vs-yibo/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BWFG correlations · YIBO correlations
