FVCB vs HBCP: Correlation
How closely do FVCBankcorp, Inc. (FVCB) and Home Bancorp, Inc. (HBCP) trade together? Their weekly returns over three years give a correlation of 0.70, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FVCB and HBCP?
Across a 3-year window, the weekly returns of FVCB and HBCP correlate at 0.70, strong. Recent behaviour matches the longer record: 0.79 over 1 year against 0.70 over 3. Stretching to 5 years gives 0.63, with an annualized covariance of 705.9 %².
Within FVCB's tracked universe of 14 assets, HBCP comes in at #4 by 3-year correlation. The trailing year gives FVCB the advantage: +36.6% versus +24.9%, a 11.7-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.
FVCB vs HBCP: side by side
| FVCB (FVCBankcorp, Inc.) | HBCP (Home Bancorp, Inc.) | |
|---|---|---|
| 1-year return | +36.6% | +24.9% |
| 5-year return | +19.5% | +110.9% |
| Volatility (ann.) | 35.2% | 28.6% |
| Beta vs S&P 500 | 0.80 | 0.82 |
| Max drawdown (3Y) | -34.3% | -21.7% |
| Market cap | $0.3B | $0.5B |
| P/E (trailing) | 12.7 | 11.6 |
| Dividend yield | 1.43% | 1.76% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FVCB | HBCP |
|---|---|---|
| 2022 | -3.1% | -1.2% |
| 2023 | -6.9% | +8.0% |
| 2024 | -11.5% | +12.7% |
| 2025 | +11.7% | +27.9% |
| 2026 | +33.3% | +21.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FVCB and HBCP good diversifiers for each other?
Only partially. A correlation of 0.70 means FVCB and HBCP 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 FVCB and HBCP?
Using weekly returns as of 2026-08-27: 0.70 over 3 years, with 0.79 over the last year and 0.63 over 5 years.
Is HBCP a good diversifier for FVCB?
Only partially. A correlation of 0.70 means FVCB and HBCP share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.70 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/fvcb-vs-hbcp.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/fvcb-vs-hbcp/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: FVCB correlations · HBCP correlations
