FDBC vs THFF: Correlation
Measured on weekly returns over the past three years, Fidelity D & D Bancorp, Inc. (FDBC) and First Financial Corporation (THFF) carry a correlation of 0.70, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FDBC and THFF?
Over the past 3 years, FDBC and THFF moved with a correlation of 0.70, which is strong. The relationship has been stable: the 1-year correlation (0.68) sits close to the 3-year figure. Over 5 years the correlation is 0.59, and the annualized covariance of weekly returns is 697.1 %².
Among the 14 assets we track against FDBC, THFF ranks #4 by 3-year correlation. Correlation aside, the last 12 months split them widely, with THFF ahead by 16.5 points (+22.3% versus +38.8%).
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 THFF: side by side
| FDBC (Fidelity D & D Bancorp, Inc.) | THFF (First Financial Corporation) | |
|---|---|---|
| 1-year return | +22.3% | +38.8% |
| 5-year return | +16.8% | +135.2% |
| Volatility (ann.) | 35.2% | 28.2% |
| Beta vs S&P 500 | 0.69 | 0.81 |
| Max drawdown (3Y) | -35.1% | -20.2% |
| Market cap | $0.3B | $0.9B |
| P/E (trailing) | 10.1 | 11.1 |
| Dividend yield | 3.17% | 2.77% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FDBC | THFF |
|---|---|---|
| 2022 | -17.5% | +4.4% |
| 2023 | +26.9% | -2.6% |
| 2024 | -13.2% | +11.1% |
| 2025 | -7.4% | +36.2% |
| 2026 | +25.7% | +35.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FDBC and THFF good diversifiers for each other?
To a limited degree. At 0.70 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between FDBC and THFF?
Using weekly returns as of 2026-08-27: 0.70 over 3 years, with 0.68 over the last year and 0.59 over 5 years.
Is THFF a good diversifier for FDBC?
To a limited degree. At 0.70 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.70 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/fdbc-vs-thff.json
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Related comparisons
Hubs: FDBC correlations · THFF correlations
