HTB vs LOCO: Correlation
Measured on weekly returns over the past three years, HomeTrust Bancshares, Inc. (HTB) and El Pollo Loco Holdings, Inc. (LOCO) carry a correlation of 0.45, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HTB and LOCO?
Across a 3-year window, the weekly returns of HTB and LOCO correlate at 0.45, moderate. The past 12 months show a weaker link (0.15) than the 3-year average (0.45). Stretching to 5 years gives 0.41, with an annualized covariance of 416.9 %².
Out of 17 assets tracked against HTB, LOCO lands near the bottom at #13. Their recent paths diverged sharply: over the last 12 months LOCO outperformed by 28.9 percentage points (+13.4% for HTB against +42.3% for LOCO).
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.
HTB vs LOCO: side by side
| HTB (HomeTrust Bancshares, Inc.) | LOCO (El Pollo Loco Holdings, Inc.) | |
|---|---|---|
| 1-year return | +13.4% | +42.3% |
| 5-year return | +81.4% | -3.0% |
| Volatility (ann.) | 27.3% | 33.9% |
| Beta vs S&P 500 | 0.86 | 0.82 |
| Max drawdown (3Y) | -17.7% | -35.9% |
| Market cap | $0.8B | $0.5B |
| P/E (trailing) | 12.3 | 13.3 |
| Dividend yield | 1.13% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | HTB | LOCO |
|---|---|---|
| 2022 | -20.9% | -19.0% |
| 2023 | +13.4% | -11.4% |
| 2024 | +27.0% | +30.8% |
| 2025 | +29.1% | -9.4% |
| 2026 | +9.3% | +45.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HTB and LOCO good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.45 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between HTB and LOCO?
The HTB/LOCO correlation stands at 0.45 on a 3-year window (1 year: 0.15, 5 years: 0.41), computed from weekly returns as of 2026-08-27.
Is LOCO a good diversifier for HTB?
Yes, to a useful degree: a correlation of 0.45 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.45 mean?
A reading of 0.45 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/htb-vs-loco.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/htb-vs-loco/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: HTB correlations · LOCO correlations
