FSUN vs WSBC: Correlation
FirstSun Capital Bancorp (FSUN) and WesBanco, Inc. (WSBC) show a moderate relationship: their 3-year correlation of weekly returns is 0.50.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FSUN and WSBC?
Over the past 3 years, FSUN and WSBC moved with a correlation of 0.50, which is moderate. Little has changed lately, as the 1-year reading of 0.56 lands near the 3-year figure. Over 5 years the correlation is 0.46, and the annualized covariance of weekly returns is 390.2 %².
Among the 13 assets we track against FSUN, WSBC ranks #5 by 3-year correlation. Correlation aside, the last 12 months split them widely, with WSBC ahead by 22.8 points (+5.8% versus +28.6%).
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.
FSUN vs WSBC: side by side
| FSUN (FirstSun Capital Bancorp) | WSBC (WesBanco, Inc.) | |
|---|---|---|
| 1-year return | +5.8% | +28.6% |
| 5-year return | n/a | +48.2% |
| Volatility (ann.) | 27.4% | 28.3% |
| Beta vs S&P 500 | 0.57 | 0.77 |
| Max drawdown (3Y) | -31.4% | -26.9% |
| Market cap | $1.8B | $3.9B |
| P/E (trailing) | 24.0 | 11.5 |
| Dividend yield | 0.00% | 3.73% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FSUN | WSBC |
|---|---|---|
| 2022 | – | +9.9% |
| 2023 | -6.7% | -10.9% |
| 2024 | +17.8% | +8.8% |
| 2025 | -6.0% | +7.0% |
| 2026 | +6.6% | +24.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FSUN and WSBC good diversifiers for each other?
Only partially. A correlation of 0.50 means FSUN and WSBC share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between FSUN and WSBC?
The FSUN/WSBC correlation stands at 0.50 on a 3-year window (1 year: 0.56, 5 years: 0.46), computed from weekly returns as of 2026-08-27.
Is WSBC a good diversifier for FSUN?
Only partially. A correlation of 0.50 means FSUN and WSBC share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.50 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
$ curl https://www.pairbook.io/api/v1/pairs/fsun-vs-wsbc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/fsun-vs-wsbc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: FSUN correlations · WSBC correlations
