GDOT vs SFNC: Correlation
How closely do Green Dot Corporation (GDOT) and Simmons First National Corporation (SFNC) trade together? Their weekly returns over three years give a correlation of 0.44, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GDOT and SFNC?
Across a 3-year window, the weekly returns of GDOT and SFNC correlate at 0.44, moderate. Recent behaviour matches the longer record: 0.49 over 1 year against 0.44 over 3. Stretching to 5 years gives 0.43, with an annualized covariance of 653.1 %².
Among the 14 assets we track against GDOT, SFNC ranks #5 by 3-year correlation. Over the last 12 months SFNC came out ahead by 13.7 percentage points (-0.2% against +13.5%). Note the risk asymmetry: GDOT runs 1.8 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
GDOT vs SFNC: side by side
| GDOT (Green Dot Corporation) | SFNC (Simmons First National Corporation) | |
|---|---|---|
| 1-year return | -0.2% | +13.5% |
| 5-year return | -74.3% | -3.8% |
| Volatility (ann.) | 51.2% | 28.9% |
| Beta vs S&P 500 | 0.79 | 0.88 |
| Max drawdown (3Y) | -58.0% | -30.5% |
| Market cap | $0.8B | $3.3B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 3.75% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GDOT | SFNC |
|---|---|---|
| 2022 | -56.3% | -24.6% |
| 2023 | -37.4% | -4.0% |
| 2024 | +7.5% | +16.7% |
| 2025 | +20.4% | -11.3% |
| 2026 | +4.4% | +22.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GDOT and SFNC good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.44 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between GDOT and SFNC?
As of 2026-08-27, the correlation of weekly returns between GDOT and SFNC is 0.44 over 3 years, 0.49 over 1 year and 0.43 over 5 years.
Is SFNC a good diversifier for GDOT?
Yes, to a useful degree: a correlation of 0.44 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.44 mean?
On the −1 to +1 scale, 0.44 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.
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Related comparisons
Hubs: GDOT correlations · SFNC correlations
