HTB vs THFF: Correlation
HomeTrust Bancshares, Inc. (HTB) and First Financial Corporation (THFF) show a very strong relationship: their 3-year correlation of weekly returns is 0.82.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HTB and THFF?
Over the past 3 years, HTB and THFF moved with a correlation of 0.82, which is very strong, meaning they move nearly in lockstep. Recent behaviour matches the longer record: 0.76 over 1 year against 0.82 over 3. Over 5 years the correlation is 0.76, and the annualized covariance of weekly returns is 633.6 %².
Few assets follow HTB as closely as THFF, which ranks #3 of 17 tracked partners. The last year tells two different stories: THFF led by 25.4 percentage points, +13.4% for HTB against +38.8% for THFF.
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 THFF: side by side
| HTB (HomeTrust Bancshares, Inc.) | THFF (First Financial Corporation) | |
|---|---|---|
| 1-year return | +13.4% | +38.8% |
| 5-year return | +81.4% | +135.2% |
| Volatility (ann.) | 27.3% | 28.2% |
| Beta vs S&P 500 | 0.86 | 0.81 |
| Max drawdown (3Y) | -17.7% | -20.2% |
| Market cap | $0.8B | $0.9B |
| P/E (trailing) | 12.3 | 11.1 |
| Dividend yield | 1.13% | 2.77% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | HTB | THFF |
|---|---|---|
| 2022 | -20.9% | +4.4% |
| 2023 | +13.4% | -2.6% |
| 2024 | +27.0% | +11.1% |
| 2025 | +29.1% | +36.2% |
| 2026 | +9.3% | +35.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HTB and THFF good diversifiers for each other?
No: a correlation of 0.82 means HTB and THFF tend to fall together, which is precisely when diversification is supposed to help.
FAQ
What is the correlation between HTB and THFF?
Using weekly returns as of 2026-08-27: 0.82 over 3 years, with 0.76 over the last year and 0.76 over 5 years.
Is THFF a good diversifier for HTB?
No: a correlation of 0.82 means HTB and THFF tend to fall together, which is precisely when diversification is supposed to help.
What does a correlation of 0.82 mean?
A reading of 0.82 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-thff.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/htb-vs-thff/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: HTB correlations · THFF correlations
