HTB vs WEYS: Correlation
Measured on weekly returns over the past three years, HomeTrust Bancshares, Inc. (HTB) and Weyco Group, Inc. (WEYS) carry a correlation of 0.49, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HTB and WEYS?
On 3 years of weekly data the HTB/WEYS correlation comes out at 0.49, moderate. The relationship has been stable: the 1-year correlation (0.44) sits close to the 3-year figure. The 5-year figure is 0.39, and annualized covariance runs at 476.3 %².
Within HTB's tracked universe of 17 assets, WEYS comes in at #11 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months WEYS outperformed by 46.3 percentage points (+13.4% for HTB against +59.7% for WEYS).
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 WEYS: side by side
| HTB (HomeTrust Bancshares, Inc.) | WEYS (Weyco Group, Inc.) | |
|---|---|---|
| 1-year return | +13.4% | +59.7% |
| 5-year return | +81.4% | +157.8% |
| Volatility (ann.) | 27.3% | 35.3% |
| Beta vs S&P 500 | 0.86 | 1.01 |
| Max drawdown (3Y) | -17.7% | -29.0% |
| Market cap | $0.8B | $0.4B |
| P/E (trailing) | 12.3 | 12.5 |
| Dividend yield | 1.13% | 2.43% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | HTB | WEYS |
|---|---|---|
| 2022 | -20.9% | -8.3% |
| 2023 | +13.4% | +54.0% |
| 2024 | +27.0% | +30.4% |
| 2025 | +29.1% | -10.5% |
| 2026 | +9.3% | +49.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HTB and WEYS good diversifiers for each other?
Reasonably. At 0.49, HTB and WEYS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between HTB and WEYS?
As of 2026-08-27, the correlation of weekly returns between HTB and WEYS is 0.49 over 3 years, 0.44 over 1 year and 0.39 over 5 years.
Is WEYS a good diversifier for HTB?
Reasonably. At 0.49, HTB and WEYS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.49 mean?
On the −1 to +1 scale, 0.49 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/htb-vs-weys.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/htb-vs-weys/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: HTB correlations · WEYS correlations
