FSEA vs ONT: Correlation
How closely do First Seacoast Bancorp, Inc. (FSEA) and Onterris, Inc. (ONT) trade together? Their weekly returns over three years give a correlation of -0.21, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FSEA and ONT?
Over the past 3 years, FSEA and ONT moved with a correlation of -0.21, which is negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.40 versus -0.21 over 3 years. Over 5 years the correlation is -0.17, and the annualized covariance of weekly returns is -440.2 %².
Among the 47 assets we track against FSEA, ONT ranks #19 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months FSEA outperformed by 94.5 percentage points (+48.9% for FSEA against -45.6% for ONT). Risk is not evenly split, since ONT carries 1.9 times the volatility of the other side.
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.
FSEA vs ONT: side by side
| FSEA (First Seacoast Bancorp, Inc.) | ONT (Onterris, Inc.) | |
|---|---|---|
| 1-year return | +48.9% | -45.6% |
| 5-year return | +44.2% | -66.3% |
| Volatility (ann.) | 33.2% | 63.4% |
| Beta vs S&P 500 | 0.19 | 1.17 |
| Max drawdown (3Y) | -21.5% | -78.4% |
| Market cap | $0.1B | $0.6B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FSEA | ONT |
|---|---|---|
| 2022 | -10.5% | -37.0% |
| 2023 | -32.7% | -27.6% |
| 2024 | +30.6% | -42.3% |
| 2025 | +31.5% | +33.9% |
| 2026 | +29.7% | -34.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FSEA and ONT good diversifiers for each other?
By historical standards, yes. A correlation of -0.21 means the two rarely move for the same reasons.
FAQ
What is the correlation between FSEA and ONT?
Using weekly returns as of 2026-08-27: -0.21 over 3 years, with -0.40 over the last year and -0.17 over 5 years.
Is ONT a good diversifier for FSEA?
By historical standards, yes. A correlation of -0.21 means the two rarely move for the same reasons.
What does a correlation of -0.21 mean?
On the −1 to +1 scale, -0.21 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/fsea-vs-ont.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/fsea-vs-ont/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: FSEA correlations · ONT correlations
