HTH vs THFF: Correlation
Measured on weekly returns over the past three years, Hilltop Holdings Inc. (HTH) and First Financial Corporation (THFF) 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 HTH and THFF?
On 3 years of weekly data the HTH/THFF correlation comes out at 0.85, very strong, meaning they move nearly in lockstep. The relationship has been stable: the 1-year correlation (0.82) sits close to the 3-year figure. The 5-year figure is 0.68, and annualized covariance runs at 578.3 %².
Within HTH's tracked universe of 14 assets, THFF comes in at #4 by 3-year correlation. Correlation aside, the last 12 months split them widely, with THFF ahead by 27.0 points (+11.8% versus +38.8%).
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.
HTH vs THFF: side by side
| HTH (Hilltop Holdings Inc.) | THFF (First Financial Corporation) | |
|---|---|---|
| 1-year return | +11.8% | +38.8% |
| 5-year return | +29.0% | +135.2% |
| Volatility (ann.) | 24.1% | 28.2% |
| Beta vs S&P 500 | 0.61 | 0.81 |
| Max drawdown (3Y) | -21.8% | -20.2% |
| Market cap | $2.2B | $0.9B |
| P/E (trailing) | 14.3 | 11.1 |
| Dividend yield | 1.97% | 2.77% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | HTH | THFF |
|---|---|---|
| 2022 | -12.9% | +4.4% |
| 2023 | +19.8% | -2.6% |
| 2024 | -16.9% | +11.1% |
| 2025 | +21.3% | +36.2% |
| 2026 | +15.5% | +35.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HTH and THFF good diversifiers for each other?
Not really. At 0.85, the two trade almost as one position, and owning both buys little extra protection.
FAQ
What is the correlation between HTH and THFF?
As of 2026-08-27, the correlation of weekly returns between HTH and THFF is 0.85 over 3 years, 0.82 over 1 year and 0.68 over 5 years.
Is THFF a good diversifier for HTH?
Not really. At 0.85, the two trade almost as one position, and owning both buys little extra protection.
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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/hth-vs-thff.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/hth-vs-thff/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: HTH correlations · THFF correlations
