EMBC vs FSEA: Correlation
How closely do Embecta Corp. (EMBC) and First Seacoast Bancorp, Inc. (FSEA) trade together? Their weekly returns over three years give a correlation of -0.42, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EMBC and FSEA?
Across a 3-year window, the weekly returns of EMBC and FSEA correlate at -0.42, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.72 versus -0.42 over 3 years. Stretching to 5 years gives -0.29, with an annualized covariance of -998.1 %².
Out of 15 assets tracked against EMBC, FSEA lands near the bottom at #15. Correlation aside, the last 12 months split them widely, with FSEA ahead by 113.4 points (-64.5% versus +48.9%). One caveat on sizing: EMBC is 2.2 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
EMBC vs FSEA: side by side
| EMBC (Embecta Corp.) | FSEA (First Seacoast Bancorp, Inc.) | |
|---|---|---|
| 1-year return | -64.5% | +48.9% |
| 5-year return | -87.8% | +44.2% |
| Volatility (ann.) | 72.4% | 33.2% |
| Beta vs S&P 500 | 0.91 | 0.19 |
| Max drawdown (3Y) | -85.3% | -21.5% |
| Market cap | $0.3B | $0.1B |
| P/E (trailing) | 3.4 | – |
| Dividend yield | 9.29% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EMBC | FSEA |
|---|---|---|
| 2022 | – | -10.5% |
| 2023 | -23.1% | -32.7% |
| 2024 | +13.6% | +30.6% |
| 2025 | -39.6% | +31.5% |
| 2026 | -57.4% | +29.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EMBC and FSEA good diversifiers for each other?
Yes. With a correlation of -0.42, EMBC and FSEA have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between EMBC and FSEA?
As of 2026-08-27, the correlation of weekly returns between EMBC and FSEA is -0.42 over 3 years, -0.72 over 1 year and -0.29 over 5 years.
Is FSEA a good diversifier for EMBC?
Yes. With a correlation of -0.42, EMBC and FSEA have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.42 mean?
A reading of -0.42 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/embc-vs-fsea.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/embc-vs-fsea/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: EMBC correlations · FSEA correlations
