FDBC vs GNE: Correlation
Fidelity D & D Bancorp, Inc. (FDBC) and Genie Energy Ltd. (GNE) show a moderate relationship: their 3-year correlation of weekly returns is 0.33.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FDBC and GNE?
Over the past 3 years, FDBC and GNE moved with a correlation of 0.33, which is moderate. The relationship has been stable: the 1-year correlation (0.29) sits close to the 3-year figure. Over 5 years the correlation is 0.24, and the annualized covariance of weekly returns is 439.5 %².
By 3-year correlation, GNE places #9 of the 14 assets tracked against FDBC. Correlation aside, the last 12 months split them widely, with FDBC ahead by 21.6 points (+22.3% versus +0.7%).
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.
FDBC vs GNE: side by side
| FDBC (Fidelity D & D Bancorp, Inc.) | GNE (Genie Energy Ltd.) | |
|---|---|---|
| 1-year return | +22.3% | +0.7% |
| 5-year return | +16.8% | +155.5% |
| Volatility (ann.) | 35.2% | 37.4% |
| Beta vs S&P 500 | 0.69 | 0.18 |
| Max drawdown (3Y) | -35.1% | -55.5% |
| Market cap | $0.3B | $0.4B |
| P/E (trailing) | 10.1 | 13.4 |
| Dividend yield | 3.17% | 2.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FDBC | GNE |
|---|---|---|
| 2022 | -17.5% | +95.3% |
| 2023 | +26.9% | +177.3% |
| 2024 | -13.2% | -43.6% |
| 2025 | -7.4% | -9.9% |
| 2026 | +25.7% | +9.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FDBC and GNE good diversifiers for each other?
A fair diversifier. At 0.33, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between FDBC and GNE?
Using weekly returns as of 2026-08-27: 0.33 over 3 years, with 0.29 over the last year and 0.24 over 5 years.
Is GNE a good diversifier for FDBC?
A fair diversifier. At 0.33, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.33 mean?
On the −1 to +1 scale, 0.33 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/fdbc-vs-gne.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/fdbc-vs-gne/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: FDBC correlations · GNE correlations
