ECBK vs SYBT: Correlation
Measured on weekly returns over the past three years, ECB Bancorp, Inc. (ECBK) and Stock Yards Bancorp, Inc. (SYBT) carry a correlation of 0.51, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ECBK and SYBT?
Over the past 3 years, ECBK and SYBT moved with a correlation of 0.51, which is moderate. Recent behaviour matches the longer record: 0.50 over 1 year against 0.51 over 3. Over 5 years the correlation is 0.49, and the annualized covariance of weekly returns is 358.7 %².
In ECBK's tracked universe of 11 assets, SYBT sits right near the top at #1. The last year tells two different stories: ECBK led by 22.0 percentage points, +20.9% for ECBK against -1.1% for SYBT.
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.
ECBK vs SYBT: side by side
| ECBK (ECB Bancorp, Inc.) | SYBT (Stock Yards Bancorp, Inc.) | |
|---|---|---|
| 1-year return | +20.9% | -1.1% |
| 5-year return | n/a | +73.4% |
| Volatility (ann.) | 23.4% | 29.9% |
| Beta vs S&P 500 | 0.45 | 0.94 |
| Max drawdown (3Y) | -19.7% | -24.2% |
| Market cap | $0.2B | $2.5B |
| P/E (trailing) | 14.8 | 16.0 |
| Dividend yield | 0.00% | 1.60% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ECBK | SYBT |
|---|---|---|
| 2022 | – | +3.6% |
| 2023 | -21.7% | -18.8% |
| 2024 | +18.2% | +42.2% |
| 2025 | +17.2% | -7.7% |
| 2026 | +19.2% | +23.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ECBK and SYBT good diversifiers for each other?
To a limited degree. At 0.51 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 ECBK and SYBT?
Using weekly returns as of 2026-08-27: 0.51 over 3 years, with 0.50 over the last year and 0.49 over 5 years.
Is SYBT a good diversifier for ECBK?
To a limited degree. At 0.51 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 0.51 mean?
A reading of 0.51 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
$ curl https://www.pairbook.io/api/v1/pairs/ecbk-vs-sybt.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/ecbk-vs-sybt/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ECBK correlations · SYBT correlations
