PairBook
HomeFISI › FISI vs GSBC

FISI vs GSBC: Correlation

Measured on weekly returns over the past three years, Financial Institutions, Inc. (FISI) and Great Southern Bancorp, Inc. (GSBC) carry a correlation of 0.83, a very strong link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.83
very strong
Correlation (1Y)
0.80
last 12 months
Correlation (5Y)
0.76
long-run
Ann. covariance
658.3
%² · weekly, annualized

How correlated are FISI and GSBC?

On 3 years of weekly data the FISI/GSBC correlation comes out at 0.83, very strong, meaning they move nearly in lockstep. Little has changed lately, as the 1-year reading of 0.80 lands near the 3-year figure. The 5-year figure is 0.76, and annualized covariance runs at 658.3 %².

Among the 14 assets we track against FISI, GSBC ranks #4 by 3-year correlation. The last year tells two different stories: FISI led by 27.6 percentage points, +54.3% for FISI against +26.7% for GSBC.

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.

FISI vs GSBC: side by side

FISI (Financial Institutions, Inc.)GSBC (Great Southern Bancorp, Inc.)
1-year return+54.3%+26.7%
5-year return+65.6%+68.1%
Volatility (ann.)31.9%24.8%
Beta vs S&P 5000.930.62
Max drawdown (3Y)-27.8%-23.4%
Market cap$0.8B$0.9B
P/E (trailing)10.113.1
Dividend yield3.09%2.19%
Sector / categoryUS ListedUS Listed
Lower P/E: FISI 10.1 vs 13.1Higher yield: FISI 3.09% vs 2.19%Smaller drawdown: GSBC -23.4% vs -27.8%Higher 5y return: GSBC +68.1% vs +65.6%
-12%0%+58%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). FISI · GSBC

Year-by-year returns

YearFISIGSBC
2022-20.0%+3.1%
2023-6.8%+2.8%
2024+35.5%+3.5%
2025+19.5%+6.0%
2026+33.8%+29.2%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are FISI and GSBC good diversifiers for each other?

No: a correlation of 0.83 means FISI and GSBC tend to fall together, which is precisely when diversification is supposed to help.

FAQ

What is the correlation between FISI and GSBC?

The FISI/GSBC correlation stands at 0.83 on a 3-year window (1 year: 0.80, 5 years: 0.76), computed from weekly returns as of 2026-08-27.

Is GSBC a good diversifier for FISI?

No: a correlation of 0.83 means FISI and GSBC tend to fall together, which is precisely when diversification is supposed to help.

What does a correlation of 0.83 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/fisi-vs-gsbc.json

FISI vs GSBC: 3-year weekly correlation 0.83FISI vs GSBC0.83

Embed this badge (it refreshes with the data), with attribution:

[![FISI vs GSBC correlation](https://www.pairbook.io/api/v1/badge/fisi-vs-gsbc.svg)](https://www.pairbook.io/pair/fisi-vs-gsbc/)

No key needed, free to use. Full endpoint list in the API documentation.

Related comparisons

Hubs: FISI correlations · GSBC correlations