FULT vs RF: Correlation
Measured on weekly returns over the past three years, Fulton Financial Corporation (FULT) and Regions Financial Corporation (RF) carry a correlation of 0.85, a very strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FULT and RF?
On 3 years of weekly data the FULT/RF correlation comes out at 0.85, very strong, meaning they move nearly in lockstep. Recent behaviour matches the longer record: 0.89 over 1 year against 0.85 over 3. The 5-year figure is 0.80, and annualized covariance runs at 749.0 %².
Within FULT's tracked universe of 45 assets, RF comes in at #26 by 3-year correlation. On 12-month performance FULT holds a 8.7-point edge, +24.1% against +15.4%.
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.
FULT vs RF: side by side
| FULT (Fulton Financial Corporation) | RF (Regions Financial Corporation) | |
|---|---|---|
| 1-year return | +24.1% | +15.4% |
| 5-year return | +85.0% | +83.5% |
| Volatility (ann.) | 30.3% | 29.2% |
| Beta vs S&P 500 | 1.03 | 1.09 |
| Max drawdown (3Y) | -29.9% | -31.9% |
| Market cap | $4.5B | $25.9B |
| P/E (trailing) | 11.4 | 12.4 |
| Dividend yield | 3.15% | 3.45% |
| Sector / category | US Listed | Financials |
Year-by-year returns
| Year | FULT | RF |
|---|---|---|
| 2022 | +3.1% | +2.3% |
| 2023 | +2.5% | -5.7% |
| 2024 | +21.9% | +27.0% |
| 2025 | +4.3% | +20.2% |
| 2026 | +25.0% | +14.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FULT and RF good diversifiers for each other?
No. With a correlation of 0.85, FULT and RF move nearly in lockstep, so holding both adds very little diversification.
FAQ
What is the correlation between FULT and RF?
Using weekly returns as of 2026-08-27: 0.85 over 3 years, with 0.89 over the last year and 0.80 over 5 years.
Is RF a good diversifier for FULT?
No. With a correlation of 0.85, FULT and RF move nearly in lockstep, so holding both adds very little diversification.
What does a correlation of 0.85 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/fult-vs-rf.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/fult-vs-rf/)
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Related comparisons
Hubs: FULT correlations · RF correlations
