FOA vs THFF: Correlation
How closely do Finance of America Companies Inc. (FOA) and First Financial Corporation (THFF) trade together? Their weekly returns over three years give a correlation of 0.40, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FOA and THFF?
On 3 years of weekly data the FOA/THFF correlation comes out at 0.40, moderate. Little has changed lately, as the 1-year reading of 0.45 lands near the 3-year figure. The 5-year figure is 0.29, and annualized covariance runs at 874.7 %².
Within FOA's tracked universe of 10 assets, THFF comes in at #5 by 3-year correlation. Correlation aside, the last 12 months split them widely, with THFF ahead by 69.2 points (-30.4% versus +38.8%). Note the risk asymmetry: FOA runs 2.7 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.
FOA vs THFF: side by side
| FOA (Finance of America Companies Inc.) | THFF (First Financial Corporation) | |
|---|---|---|
| 1-year return | -30.4% | +38.8% |
| 5-year return | -65.5% | +135.2% |
| Volatility (ann.) | 76.9% | 28.2% |
| Beta vs S&P 500 | 0.77 | 0.81 |
| Max drawdown (3Y) | -71.7% | -20.2% |
| Market cap | $0.2B | $0.9B |
| P/E (trailing) | – | 11.1 |
| Dividend yield | 0.00% | 2.77% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FOA | THFF |
|---|---|---|
| 2022 | -68.0% | +4.4% |
| 2023 | -13.4% | -2.6% |
| 2024 | +155.6% | +11.1% |
| 2025 | -13.9% | +36.2% |
| 2026 | -24.2% | +35.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FOA and THFF good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.40 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between FOA and THFF?
The FOA/THFF correlation stands at 0.40 on a 3-year window (1 year: 0.45, 5 years: 0.29), computed from weekly returns as of 2026-08-27.
Is THFF a good diversifier for FOA?
Yes, to a useful degree: a correlation of 0.40 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.40 mean?
A reading of 0.40 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/foa-vs-thff.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/foa-vs-thff/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: FOA correlations · THFF correlations
