GSBC vs MCBS: Correlation
Measured on weekly returns over the past three years, Great Southern Bancorp, Inc. (GSBC) and MetroCity Bankshares, Inc. (MCBS) 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 GSBC and MCBS?
Over the past 3 years, GSBC and MCBS moved with a correlation of 0.85, which is very strong, meaning they move nearly in lockstep. Little has changed lately, as the 1-year reading of 0.79 lands near the 3-year figure. Over 5 years the correlation is 0.76, and the annualized covariance of weekly returns is 592.5 %².
Within GSBC's tracked universe of 26 assets, MCBS comes in at #10 by 3-year correlation. On 12-month performance GSBC holds a 5.9-point edge, +26.7% against +20.8%.
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 MCBS: side by side
| GSBC (Great Southern Bancorp, Inc.) | MCBS (MetroCity Bankshares, Inc.) | |
|---|---|---|
| 1-year return | +26.7% | +20.8% |
| 5-year return | +68.1% | +99.5% |
| Volatility (ann.) | 24.8% | 28.2% |
| Beta vs S&P 500 | 0.62 | 0.85 |
| Max drawdown (3Y) | -23.4% | -28.0% |
| Market cap | $0.9B | $1.0B |
| P/E (trailing) | 13.1 | 12.2 |
| Dividend yield | 2.19% | 2.95% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GSBC | MCBS |
|---|---|---|
| 2022 | +3.1% | -19.3% |
| 2023 | +2.8% | +15.3% |
| 2024 | +3.5% | +37.1% |
| 2025 | +6.0% | -14.1% |
| 2026 | +29.2% | +35.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GSBC and MCBS good diversifiers for each other?
No. With a correlation of 0.85, GSBC and MCBS move nearly in lockstep, so holding both adds very little diversification.
FAQ
What is the correlation between GSBC and MCBS?
Using weekly returns as of 2026-08-27: 0.85 over 3 years, with 0.79 over the last year and 0.76 over 5 years.
Is MCBS a good diversifier for GSBC?
No. With a correlation of 0.85, GSBC and MCBS 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.
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Related comparisons
Hubs: GSBC correlations · MCBS correlations
