GSBC vs KRNY: Correlation
How closely do Great Southern Bancorp, Inc. (GSBC) and Kearny Financial (KRNY) trade together? Their weekly returns over three years give a correlation of 0.85, which is very strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GSBC and KRNY?
Across a 3-year window, the weekly returns of GSBC and KRNY correlate at 0.85, very strong, meaning they move nearly in lockstep. Little has changed lately, as the 1-year reading of 0.81 lands near the 3-year figure. Stretching to 5 years gives 0.77, with an annualized covariance of 703.0 %².
Within GSBC's tracked universe of 26 assets, KRNY comes in at #9 by 3-year correlation. The last year tells two different stories: KRNY led by 33.5 percentage points, +26.7% for GSBC against +60.2% for KRNY.
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.
GSBC vs KRNY: side by side
| GSBC (Great Southern Bancorp, Inc.) | KRNY (Kearny Financial) | |
|---|---|---|
| 1-year return | +26.7% | +60.2% |
| 5-year return | +68.1% | +2.4% |
| Volatility (ann.) | 24.8% | 33.5% |
| Beta vs S&P 500 | 0.62 | 0.79 |
| Max drawdown (3Y) | -23.4% | -41.5% |
| Market cap | $0.9B | $0.6B |
| P/E (trailing) | 13.1 | 17.3 |
| Dividend yield | 2.19% | 4.47% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GSBC | KRNY |
|---|---|---|
| 2022 | +3.1% | -20.4% |
| 2023 | +2.8% | -6.7% |
| 2024 | +3.5% | -15.5% |
| 2025 | +6.0% | +12.0% |
| 2026 | +29.2% | +40.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GSBC and KRNY good diversifiers for each other?
No. With a correlation of 0.85, GSBC and KRNY move nearly in lockstep, so holding both adds very little diversification.
FAQ
What is the correlation between GSBC and KRNY?
The GSBC/KRNY correlation stands at 0.85 on a 3-year window (1 year: 0.81, 5 years: 0.77), computed from weekly returns as of 2026-08-27.
Is KRNY a good diversifier for GSBC?
No. With a correlation of 0.85, GSBC and KRNY move nearly in lockstep, so holding both adds very little diversification.
What does a correlation of 0.85 mean?
A reading of 0.85 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/gsbc-vs-krny.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/gsbc-vs-krny/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: GSBC correlations · KRNY correlations
