FFBC vs WSFS: Correlation
Measured on weekly returns over the past three years, First Financial Bancorp. (FFBC) and WSFS Financial Corporation (WSFS) carry a correlation of 0.88, a very strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FFBC and WSFS?
Over the past 3 years, FFBC and WSFS moved with a correlation of 0.88, which is very strong, meaning they move nearly in lockstep. The relationship has been stable: the 1-year correlation (0.81) sits close to the 3-year figure. Over 5 years the correlation is 0.81, and the annualized covariance of weekly returns is 737.9 %².
Within FFBC's tracked universe of 31 assets, WSFS comes in at #7 by 3-year correlation. The trailing year gives WSFS the advantage: +26.7% versus +34.0%, a 7.3-point spread.
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.
FFBC vs WSFS: side by side
| FFBC (First Financial Bancorp.) | WSFS (WSFS Financial Corporation) | |
|---|---|---|
| 1-year return | +26.7% | +34.0% |
| 5-year return | +69.6% | +85.9% |
| Volatility (ann.) | 28.0% | 29.9% |
| Beta vs S&P 500 | 0.81 | 0.89 |
| Max drawdown (3Y) | -26.1% | -24.7% |
| Market cap | $3.4B | $4.0B |
| P/E (trailing) | 11.6 | 13.2 |
| Dividend yield | 3.05% | 0.90% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FFBC | WSFS |
|---|---|---|
| 2022 | +3.4% | -8.4% |
| 2023 | +2.4% | +2.9% |
| 2024 | +17.6% | +17.1% |
| 2025 | -3.3% | +5.2% |
| 2026 | +33.1% | +43.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FFBC and WSFS good diversifiers for each other?
No. With a correlation of 0.88, FFBC and WSFS move nearly in lockstep, so holding both adds very little diversification.
FAQ
What is the correlation between FFBC and WSFS?
As of 2026-08-27, the correlation of weekly returns between FFBC and WSFS is 0.88 over 3 years, 0.81 over 1 year and 0.81 over 5 years.
Is WSFS a good diversifier for FFBC?
No. With a correlation of 0.88, FFBC and WSFS move nearly in lockstep, so holding both adds very little diversification.
What does a correlation of 0.88 mean?
A reading of 0.88 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/ffbc-vs-wsfs.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ffbc-vs-wsfs/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: FFBC correlations · WSFS correlations
