FULT vs WSFS: Correlation
Measured on weekly returns over the past three years, Fulton Financial Corporation (FULT) and WSFS Financial Corporation (WSFS) carry a correlation of 0.89, a very strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FULT and WSFS?
Across a 3-year window, the weekly returns of FULT and WSFS correlate at 0.89, very strong, meaning they move nearly in lockstep. The past 12 months show a weaker link (0.77) than the 3-year average (0.89). Stretching to 5 years gives 0.84, with an annualized covariance of 810.6 %².
By 3-year correlation, WSFS places #8 of the 45 assets tracked against FULT. The trailing year gives WSFS the advantage: +24.1% versus +34.0%, a 9.9-point spread.
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 WSFS: side by side
| FULT (Fulton Financial Corporation) | WSFS (WSFS Financial Corporation) | |
|---|---|---|
| 1-year return | +24.1% | +34.0% |
| 5-year return | +85.0% | +85.9% |
| Volatility (ann.) | 30.3% | 29.9% |
| Beta vs S&P 500 | 1.03 | 0.89 |
| Max drawdown (3Y) | -29.9% | -24.7% |
| Market cap | $4.5B | $4.0B |
| P/E (trailing) | 11.4 | 13.2 |
| Dividend yield | 3.15% | 0.90% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FULT | WSFS |
|---|---|---|
| 2022 | +3.1% | -8.4% |
| 2023 | +2.5% | +2.9% |
| 2024 | +21.9% | +17.1% |
| 2025 | +4.3% | +5.2% |
| 2026 | +25.0% | +43.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FULT and WSFS good diversifiers for each other?
No. With a correlation of 0.89, FULT and WSFS move nearly in lockstep, so holding both adds very little diversification.
FAQ
What is the correlation between FULT and WSFS?
The FULT/WSFS correlation stands at 0.89 on a 3-year window (1 year: 0.77, 5 years: 0.84), computed from weekly returns as of 2026-08-27.
Is WSFS a good diversifier for FULT?
No. With a correlation of 0.89, FULT and WSFS move nearly in lockstep, so holding both adds very little diversification.
What does a correlation of 0.89 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-wsfs.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/fult-vs-wsfs/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: FULT correlations · WSFS correlations
