EZPW vs FCFS: Correlation
How closely do EZCORP, Inc. - Class A Non-Voting (EZPW) and FirstCash Holdings, Inc. (FCFS) trade together? Their weekly returns over three years give a correlation of 0.45, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EZPW and FCFS?
Over the past 3 years, EZPW and FCFS moved with a correlation of 0.45, which is moderate. Lately the two have moved closer together, with the 1-year correlation at 0.64 versus 0.45 over 3 years. Over 5 years the correlation is 0.41, and the annualized covariance of weekly returns is 322.2 %².
FCFS is one of the assets that tracks EZPW most closely: it ranks #1 out of the 10 assets we track against EZPW. The last year tells two different stories: EZPW led by 57.7 percentage points, +109.8% for EZPW against +52.1% for FCFS.
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.
EZPW vs FCFS: side by side
| EZPW (EZCORP, Inc. - Class A Non-Voting) | FCFS (FirstCash Holdings, Inc.) | |
|---|---|---|
| 1-year return | +109.8% | +52.1% |
| 5-year return | +400.9% | +180.4% |
| Volatility (ann.) | 31.0% | 23.3% |
| Beta vs S&P 500 | 0.26 | 0.08 |
| Max drawdown (3Y) | -24.2% | -23.4% |
| Market cap | $2.1B | $9.7B |
| P/E (trailing) | 17.0 | 25.0 |
| Dividend yield | 0.00% | 0.76% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EZPW | FCFS |
|---|---|---|
| 2022 | +10.6% | +18.0% |
| 2023 | +7.2% | +26.5% |
| 2024 | +39.8% | -3.2% |
| 2025 | +58.9% | +55.7% |
| 2026 | +77.2% | +41.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EZPW and FCFS good diversifiers for each other?
Reasonably. At 0.45, EZPW and FCFS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between EZPW and FCFS?
The EZPW/FCFS correlation stands at 0.45 on a 3-year window (1 year: 0.64, 5 years: 0.41), computed from weekly returns as of 2026-08-27.
Is FCFS a good diversifier for EZPW?
Reasonably. At 0.45, EZPW and FCFS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.45 mean?
A reading of 0.45 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
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Related comparisons
Hubs: EZPW correlations · FCFS correlations