HFBL vs PDCC: Correlation
Home Federal Bancorp, Inc. of Louisiana (HFBL) and Pearl Diver Credit Company Inc. (PDCC) show a moderate relationship: their 3-year correlation of weekly returns is 0.31.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HFBL and PDCC?
Over the past 3 years, HFBL and PDCC moved with a correlation of 0.31, which is moderate. Little has changed lately, as the 1-year reading of 0.39 lands near the 3-year figure. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 249.1 %².
Among the 12 assets we track against HFBL, PDCC ranks #4 by 3-year correlation. Correlation aside, the last 12 months split them widely, with HFBL ahead by 140.0 points (+102.0% versus -38.0%).
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.
HFBL vs PDCC: side by side
| HFBL (Home Federal Bancorp, Inc. of Louisiana) | PDCC (Pearl Diver Credit Company Inc.) | |
|---|---|---|
| 1-year return | +102.0% | -38.0% |
| 5-year return | +67.8% | n/a |
| Volatility (ann.) | 30.5% | 26.4% |
| Beta vs S&P 500 | 0.12 | 0.17 |
| Max drawdown (3Y) | -28.6% | -47.3% |
| Market cap | $0.1B | $0.1B |
| P/E (trailing) | 12.6 | – |
| Dividend yield | 2.06% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | HFBL | PDCC |
|---|---|---|
| 2022 | -14.2% | – |
| 2023 | -13.5% | – |
| 2024 | -8.9% | – |
| 2025 | +49.2% | -20.9% |
| 2026 | +44.7% | -27.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HFBL and PDCC good diversifiers for each other?
A fair diversifier. At 0.31, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between HFBL and PDCC?
Using weekly returns as of 2026-08-27: 0.31 over 3 years, with 0.39 over the last year and n/a over 5 years.
Is PDCC a good diversifier for HFBL?
A fair diversifier. At 0.31, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.31 mean?
A reading of 0.31 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/hfbl-vs-pdcc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/hfbl-vs-pdcc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: HFBL correlations · PDCC correlations
