FDBC vs RGCO: Correlation
How closely do Fidelity D & D Bancorp, Inc. (FDBC) and RGC Resources Inc. (RGCO) trade together? Their weekly returns over three years give a correlation of 0.49, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FDBC and RGCO?
On 3 years of weekly data the FDBC/RGCO correlation comes out at 0.49, moderate. The past 12 months show a weaker link (0.27) than the 3-year average (0.49). The 5-year figure is 0.40, and annualized covariance runs at 534.7 %².
Within FDBC's tracked universe of 14 assets, RGCO comes in at #6 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months FDBC outperformed by 20.4 percentage points (+22.3% for FDBC against +1.9% for RGCO).
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 RGCO: side by side
| FDBC (Fidelity D & D Bancorp, Inc.) | RGCO (RGC Resources Inc.) | |
|---|---|---|
| 1-year return | +22.3% | +1.9% |
| 5-year return | +16.8% | +10.2% |
| Volatility (ann.) | 35.2% | 31.0% |
| Beta vs S&P 500 | 0.69 | 0.66 |
| Max drawdown (3Y) | -35.1% | -19.2% |
| Market cap | $0.3B | $0.2B |
| P/E (trailing) | 10.1 | 16.2 |
| Dividend yield | 3.17% | 3.91% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FDBC | RGCO |
|---|---|---|
| 2022 | -17.5% | -0.6% |
| 2023 | +26.9% | -4.1% |
| 2024 | -13.2% | +2.5% |
| 2025 | -7.4% | +10.4% |
| 2026 | +25.7% | +5.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FDBC and RGCO good diversifiers for each other?
A fair diversifier. At 0.49, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between FDBC and RGCO?
The FDBC/RGCO correlation stands at 0.49 on a 3-year window (1 year: 0.27, 5 years: 0.40), computed from weekly returns as of 2026-08-27.
Is RGCO a good diversifier for FDBC?
A fair diversifier. At 0.49, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.49 mean?
On the −1 to +1 scale, 0.49 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-rgco.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/fdbc-vs-rgco/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: FDBC correlations · RGCO correlations
