DLX vs FSEA: Correlation
How closely do Deluxe Corporation (DLX) and First Seacoast Bancorp, Inc. (FSEA) trade together? Their weekly returns over three years give a correlation of -0.22, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DLX and FSEA?
Across a 3-year window, the weekly returns of DLX and FSEA correlate at -0.22, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.48 versus -0.22 over 3 years. Stretching to 5 years gives -0.09, with an annualized covariance of -289.5 %².
Out of 20 assets tracked against DLX, FSEA lands near the bottom at #18. Correlation aside, the last 12 months split them widely, with FSEA ahead by 23.6 points (+25.3% versus +48.9%).
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.
DLX vs FSEA: side by side
| DLX (Deluxe Corporation) | FSEA (First Seacoast Bancorp, Inc.) | |
|---|---|---|
| 1-year return | +25.3% | +48.9% |
| 5-year return | -19.3% | +44.2% |
| Volatility (ann.) | 39.8% | 33.2% |
| Beta vs S&P 500 | 1.08 | 0.19 |
| Max drawdown (3Y) | -40.9% | -21.5% |
| Market cap | $1.1B | $0.1B |
| P/E (trailing) | 10.8 | – |
| Dividend yield | 5.08% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DLX | FSEA |
|---|---|---|
| 2022 | -44.4% | -10.5% |
| 2023 | +34.9% | -32.7% |
| 2024 | +11.3% | +30.6% |
| 2025 | +5.6% | +31.5% |
| 2026 | +9.5% | +29.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DLX and FSEA good diversifiers for each other?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
FAQ
What is the correlation between DLX and FSEA?
Using weekly returns as of 2026-08-27: -0.22 over 3 years, with -0.48 over the last year and -0.09 over 5 years.
Is FSEA a good diversifier for DLX?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
What does a correlation of -0.22 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/dlx-vs-fsea.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/dlx-vs-fsea/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: DLX correlations · FSEA correlations
