CFFN vs WTBA: Correlation
Capitol Federal Financial, Inc. (CFFN) and West Bancorporation (WTBA) show a strong relationship: their 3-year correlation of weekly returns is 0.77.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CFFN and WTBA?
Over the past 3 years, CFFN and WTBA moved with a correlation of 0.77, which is strong. The relationship has been stable: the 1-year correlation (0.71) sits close to the 3-year figure. Over 5 years the correlation is 0.72, and the annualized covariance of weekly returns is 716.1 %².
By 3-year correlation, WTBA places #5 of the 14 assets tracked against CFFN. The trailing year gives WTBA the advantage: +41.0% versus +47.9%, a 6.9-point spread.
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.
CFFN vs WTBA: side by side
| CFFN (Capitol Federal Financial, Inc.) | WTBA (West Bancorporation) | |
|---|---|---|
| 1-year return | +41.0% | +47.9% |
| 5-year return | +4.8% | +16.8% |
| Volatility (ann.) | 30.6% | 30.5% |
| Beta vs S&P 500 | 0.78 | 0.75 |
| Max drawdown (3Y) | -29.0% | -26.9% |
| Market cap | $1.1B | $0.5B |
| P/E (trailing) | 13.3 | 12.6 |
| Dividend yield | 3.93% | 3.53% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CFFN | WTBA |
|---|---|---|
| 2022 | -16.3% | -14.4% |
| 2023 | -21.2% | -12.4% |
| 2024 | -2.9% | +7.7% |
| 2025 | +22.0% | +7.7% |
| 2026 | +31.8% | +31.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CFFN and WTBA good diversifiers for each other?
Somewhat, no more. With 0.77 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between CFFN and WTBA?
The CFFN/WTBA correlation stands at 0.77 on a 3-year window (1 year: 0.71, 5 years: 0.72), computed from weekly returns as of 2026-08-27.
Is WTBA a good diversifier for CFFN?
Somewhat, no more. With 0.77 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.77 mean?
A reading of 0.77 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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Related comparisons
Hubs: CFFN correlations · WTBA correlations
