FINW vs SRCE: Correlation
FinWise Bancorp (FINW) and 1st Source Corporation (SRCE) show a moderate relationship: their 3-year correlation of weekly returns is 0.46.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FINW and SRCE?
Over the past 3 years, FINW and SRCE moved with a correlation of 0.46, which is moderate. The relationship has been stable: the 1-year correlation (0.38) sits close to the 3-year figure. Over 5 years the correlation is 0.40, and the annualized covariance of weekly returns is 447.4 %².
Within FINW's tracked universe of 11 assets, SRCE comes in at #4 by 3-year correlation. Correlation aside, the last 12 months split them widely, with SRCE ahead by 65.5 points (-28.5% versus +37.0%).
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.
FINW vs SRCE: side by side
| FINW (FinWise Bancorp) | SRCE (1st Source Corporation) | |
|---|---|---|
| 1-year return | -28.5% | +37.0% |
| 5-year return | +9.2% | +110.2% |
| Volatility (ann.) | 37.8% | 25.5% |
| Beta vs S&P 500 | 0.54 | 0.61 |
| Max drawdown (3Y) | -42.3% | -21.2% |
| Market cap | $0.2B | $2.1B |
| P/E (trailing) | 14.6 | 12.4 |
| Dividend yield | 0.00% | 0.93% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FINW | SRCE |
|---|---|---|
| 2022 | -32.8% | +9.8% |
| 2023 | +54.5% | +6.5% |
| 2024 | +11.7% | +9.0% |
| 2025 | +12.3% | +9.8% |
| 2026 | -22.5% | +40.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FINW and SRCE good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.46 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between FINW and SRCE?
Using weekly returns as of 2026-08-27: 0.46 over 3 years, with 0.38 over the last year and 0.40 over 5 years.
Is SRCE a good diversifier for FINW?
Yes, to a useful degree: a correlation of 0.46 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.46 mean?
On the −1 to +1 scale, 0.46 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/finw-vs-srce.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/finw-vs-srce/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: FINW correlations · SRCE correlations
