EG vs FUSB: Correlation
How closely do Everest Group (EG) and First US Bancshares, Inc. (FUSB) trade together? Their weekly returns over three years give a correlation of -0.21, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EG and FUSB?
On 3 years of weekly data the EG/FUSB correlation comes out at -0.21, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.24 lands near the 3-year figure. The 5-year figure is -0.01, and annualized covariance runs at -119.2 %².
Among the 30 assets we track against EG, FUSB sits near the bottom by co-movement, at rank #27. The last year tells two different stories: FUSB led by 43.0 percentage points, +11.3% for EG against +54.3% for FUSB.
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.
EG vs FUSB: side by side
| EG (Everest Group) | FUSB (First US Bancshares, Inc.) | |
|---|---|---|
| 1-year return | +11.3% | +54.3% |
| 5-year return | +57.2% | +66.8% |
| Volatility (ann.) | 22.2% | 26.1% |
| Beta vs S&P 500 | 0.28 | 0.21 |
| Max drawdown (3Y) | -23.8% | -23.2% |
| Market cap | $14.5B | $0.1B |
| P/E (trailing) | 8.0 | 12.4 |
| Dividend yield | 2.11% | 1.70% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | EG | FUSB |
|---|---|---|
| 2022 | +23.7% | -16.7% |
| 2023 | +8.7% | +21.6% |
| 2024 | +4.6% | +24.5% |
| 2025 | -5.3% | +13.4% |
| 2026 | +12.7% | +18.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EG and FUSB good diversifiers for each other?
Yes. With a correlation of -0.21, EG and FUSB have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between EG and FUSB?
Using weekly returns as of 2026-08-27: -0.21 over 3 years, with -0.24 over the last year and -0.01 over 5 years.
Is FUSB a good diversifier for EG?
Yes. With a correlation of -0.21, EG and FUSB have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.21 mean?
A reading of -0.21 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/eg-vs-fusb.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/eg-vs-fusb/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: EG correlations · FUSB correlations