CASS vs SMBK: Correlation
Measured on weekly returns over the past three years, Cass Information Systems, Inc (CASS) and SmartFinancial, Inc. (SMBK) carry a correlation of 0.62, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CASS and SMBK?
On 3 years of weekly data the CASS/SMBK correlation comes out at 0.62, strong. The relationship has been stable: the 1-year correlation (0.70) sits close to the 3-year figure. The 5-year figure is 0.56, and annualized covariance runs at 419.1 %².
By 3-year correlation, SMBK places #5 of the 10 assets tracked against CASS. Twelve-month performance is nearly a tie, at +36.1% for CASS and +37.6% for SMBK.
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.
CASS vs SMBK: side by side
| CASS (Cass Information Systems, Inc) | SMBK (SmartFinancial, Inc.) | |
|---|---|---|
| 1-year return | +36.1% | +37.6% |
| 5-year return | +45.6% | +113.7% |
| Volatility (ann.) | 23.2% | 28.9% |
| Beta vs S&P 500 | 0.66 | 0.84 |
| Max drawdown (3Y) | -20.5% | -26.4% |
| Market cap | $0.7B | $0.9B |
| P/E (trailing) | 20.7 | 14.9 |
| Dividend yield | 2.23% | 0.65% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CASS | SMBK |
|---|---|---|
| 2022 | +20.0% | +1.6% |
| 2023 | +1.1% | -9.7% |
| 2024 | -6.7% | +28.1% |
| 2025 | +4.5% | +20.5% |
| 2026 | +38.8% | +37.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CASS and SMBK good diversifiers for each other?
To a limited degree. At 0.62 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 CASS and SMBK?
The CASS/SMBK correlation stands at 0.62 on a 3-year window (1 year: 0.70, 5 years: 0.56), computed from weekly returns as of 2026-08-27.
Is SMBK a good diversifier for CASS?
To a limited degree. At 0.62 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 0.62 mean?
A reading of 0.62 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
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Hubs: CASS correlations · SMBK correlations