FSEA vs PLNT: Correlation
Measured on weekly returns over the past three years, First Seacoast Bancorp, Inc. (FSEA) and Planet Fitness, Inc. (PLNT) carry a correlation of -0.34, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FSEA and PLNT?
On 3 years of weekly data the FSEA/PLNT correlation comes out at -0.34, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.57 versus -0.34 over 3 years. The 5-year figure is -0.18, and annualized covariance runs at -437.5 %².
By 3-year correlation, PLNT places #39 of the 47 assets tracked against FSEA. Their recent paths diverged sharply: over the last 12 months FSEA outperformed by 100.0 percentage points (+48.9% for FSEA against -51.1% for PLNT).
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 PLNT: side by side
| FSEA (First Seacoast Bancorp, Inc.) | PLNT (Planet Fitness, Inc.) | |
|---|---|---|
| 1-year return | +48.9% | -51.1% |
| 5-year return | +44.2% | -36.6% |
| Volatility (ann.) | 33.2% | 39.0% |
| Beta vs S&P 500 | 0.19 | 0.42 |
| Max drawdown (3Y) | -21.5% | -61.2% |
| Market cap | $0.1B | $3.9B |
| P/E (trailing) | – | 17.6 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FSEA | PLNT |
|---|---|---|
| 2022 | -10.5% | -13.0% |
| 2023 | -32.7% | -7.4% |
| 2024 | +30.6% | +35.4% |
| 2025 | +31.5% | +9.7% |
| 2026 | +29.7% | -52.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FSEA and PLNT good diversifiers for each other?
Yes. With a correlation of -0.34, FSEA and PLNT have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between FSEA and PLNT?
As of 2026-08-27, the correlation of weekly returns between FSEA and PLNT is -0.34 over 3 years, -0.57 over 1 year and -0.18 over 5 years.
Is PLNT a good diversifier for FSEA?
Yes. With a correlation of -0.34, FSEA and PLNT have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.34 mean?
On the −1 to +1 scale, -0.34 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-plnt.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/fsea-vs-plnt/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: FSEA correlations · PLNT correlations
