EVGO vs KFFB: Correlation
Measured on weekly returns over the past three years, EVgo Inc. (EVGO) and Kentucky First Federal Bancorp (KFFB) carry a correlation of 0.31, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EVGO and KFFB?
On 3 years of weekly data the EVGO/KFFB correlation comes out at 0.31, moderate. The relationship has been stable: the 1-year correlation (0.23) sits close to the 3-year figure. The 5-year figure is 0.22, and annualized covariance runs at 906.1 %².
KFFB is close to the least connected end of EVGO's tracked universe, ranking #9 of 13. The last year tells two different stories: KFFB led by 149.1 percentage points, -64.4% for EVGO against +84.7% for KFFB. Note the risk asymmetry: EVGO runs 2.5 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
EVGO vs KFFB: side by side
| EVGO (EVgo Inc.) | KFFB (Kentucky First Federal Bancorp) | |
|---|---|---|
| 1-year return | -64.4% | +84.7% |
| 5-year return | -84.3% | -6.1% |
| Volatility (ann.) | 85.3% | 34.2% |
| Beta vs S&P 500 | 1.93 | 0.21 |
| Max drawdown (3Y) | -84.1% | -61.6% |
| Market cap | $0.5B | – |
| P/E (trailing) | – | 24.6 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EVGO | KFFB |
|---|---|---|
| 2022 | -55.0% | -6.6% |
| 2023 | -19.9% | -28.8% |
| 2024 | +13.1% | -32.7% |
| 2025 | -28.1% | +56.0% |
| 2026 | -50.7% | +27.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EVGO and KFFB good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.31 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between EVGO and KFFB?
The EVGO/KFFB correlation stands at 0.31 on a 3-year window (1 year: 0.23, 5 years: 0.22), computed from weekly returns as of 2026-08-27.
Is KFFB a good diversifier for EVGO?
Yes, to a useful degree: a correlation of 0.31 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.31 mean?
A reading of 0.31 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/evgo-vs-kffb.json
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[](https://www.pairbook.io/pair/evgo-vs-kffb/)
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Hubs: EVGO correlations · KFFB correlations
