FCFS vs PDLB: Correlation
FirstCash Holdings, Inc. (FCFS) and Ponce Financial Group, Inc. (PDLB) show a weak relationship: their 3-year correlation of weekly returns is 0.29.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FCFS and PDLB?
Over the past 3 years, FCFS and PDLB moved with a correlation of 0.29, which is weak. Recent behaviour matches the longer record: 0.21 over 1 year against 0.29 over 3. Over 5 years the correlation is 0.20, and the annualized covariance of weekly returns is 175.0 %².
Among the 13 assets we track against FCFS, PDLB ranks #4 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months FCFS outperformed by 15.7 percentage points (+52.1% for FCFS against +36.4% for PDLB).
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.
FCFS vs PDLB: side by side
| FCFS (FirstCash Holdings, Inc.) | PDLB (Ponce Financial Group, Inc.) | |
|---|---|---|
| 1-year return | +52.1% | +36.4% |
| 5-year return | +180.4% | +106.7% |
| Volatility (ann.) | 23.3% | 25.5% |
| Beta vs S&P 500 | 0.08 | 0.76 |
| Max drawdown (3Y) | -23.4% | -21.5% |
| Market cap | $9.7B | $0.5B |
| P/E (trailing) | 25.0 | 14.2 |
| Dividend yield | 0.76% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FCFS | PDLB |
|---|---|---|
| 2022 | +18.0% | -10.3% |
| 2023 | +26.5% | +4.7% |
| 2024 | -3.2% | +33.2% |
| 2025 | +55.7% | +25.8% |
| 2026 | +41.5% | +24.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FCFS and PDLB good diversifiers for each other?
A fair diversifier. At 0.29, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between FCFS and PDLB?
Using weekly returns as of 2026-08-27: 0.29 over 3 years, with 0.21 over the last year and 0.20 over 5 years.
Is PDLB a good diversifier for FCFS?
A fair diversifier. At 0.29, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.29 mean?
On the −1 to +1 scale, 0.29 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
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Related comparisons
Hubs: FCFS correlations · PDLB correlations
