FEMY vs SRBK: Correlation
How closely do Femasys Inc. (FEMY) and SR Bancorp, Inc. (SRBK) trade together? Their weekly returns over three years give a correlation of -0.20, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FEMY and SRBK?
On 3 years of weekly data the FEMY/SRBK correlation comes out at -0.20, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.17 lands near the 3-year figure. The 5-year figure is n/a, and annualized covariance runs at -1812.5 %².
Within FEMY's tracked universe of 32 assets, SRBK comes in at #11 by 3-year correlation. The last year tells two different stories: SRBK led by 91.5 percentage points, -61.2% for FEMY against +30.3% for SRBK. Note the risk asymmetry: FEMY runs 29.3 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
FEMY vs SRBK: side by side
| FEMY (Femasys Inc.) | SRBK (SR Bancorp, Inc.) | |
|---|---|---|
| 1-year return | -61.2% | +30.3% |
| 5-year return | -98.0% | n/a |
| Volatility (ann.) | 509.3% | 17.4% |
| Beta vs S&P 500 | -0.49 | 0.36 |
| Max drawdown (3Y) | -97.2% | -13.5% |
| Market cap | – | $0.1B |
| P/E (trailing) | – | 44.3 |
| Dividend yield | 0.00% | 1.08% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FEMY | SRBK |
|---|---|---|
| 2022 | -76.9% | – |
| 2023 | +8.3% | – |
| 2024 | +12.8% | +24.6% |
| 2025 | -47.6% | +34.1% |
| 2026 | -75.8% | +24.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FEMY and SRBK good diversifiers for each other?
Yes. With a correlation of -0.20, FEMY and SRBK have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between FEMY and SRBK?
As of 2026-08-27, the correlation of weekly returns between FEMY and SRBK is -0.20 over 3 years, -0.17 over 1 year and n/a over 5 years.
Is SRBK a good diversifier for FEMY?
Yes. With a correlation of -0.20, FEMY and SRBK have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.20 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/femy-vs-srbk.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/femy-vs-srbk/)
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Related comparisons
Hubs: FEMY correlations · SRBK correlations
