DVA vs FSEA: Correlation
How closely do DaVita (DVA) and First Seacoast Bancorp, Inc. (FSEA) trade together? Their weekly returns over three years give a correlation of 0.37, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DVA and FSEA?
On 3 years of weekly data the DVA/FSEA correlation comes out at 0.37, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.52 versus 0.37 over 3 years. The 5-year figure is 0.29, and annualized covariance runs at 505.7 %².
Within DVA's tracked universe of 38 assets, FSEA comes in at #14 by 3-year correlation. The last year tells two different stories: FSEA led by 18.9 percentage points, +30.0% for DVA against +48.9% for FSEA.
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.
DVA vs FSEA: side by side
| DVA (DaVita) | FSEA (First Seacoast Bancorp, Inc.) | |
|---|---|---|
| 1-year return | +30.0% | +48.9% |
| 5-year return | +36.4% | +44.2% |
| Volatility (ann.) | 40.9% | 33.2% |
| Beta vs S&P 500 | 0.38 | 0.19 |
| Max drawdown (3Y) | -41.4% | -21.5% |
| Market cap | $11.4B | $0.1B |
| P/E (trailing) | 15.3 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Health Care | US Listed |
Year-by-year returns
| Year | DVA | FSEA |
|---|---|---|
| 2022 | -34.4% | -10.5% |
| 2023 | +40.3% | -32.7% |
| 2024 | +42.8% | +30.6% |
| 2025 | -24.0% | +31.5% |
| 2026 | +57.5% | +29.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DVA and FSEA good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.37 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between DVA and FSEA?
As of 2026-08-27, the correlation of weekly returns between DVA and FSEA is 0.37 over 3 years, 0.52 over 1 year and 0.29 over 5 years.
Is FSEA a good diversifier for DVA?
Yes, to a useful degree: a correlation of 0.37 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.37 mean?
On the −1 to +1 scale, 0.37 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/dva-vs-fsea.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/dva-vs-fsea/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: DVA correlations · FSEA correlations
