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INMD vs WSFS: Correlation

Measured on weekly returns over the past three years, InMode Ltd. (INMD) and WSFS Financial Corporation (WSFS) carry a correlation of 0.52, a moderate link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.52
moderate
Correlation (1Y)
0.45
last 12 months
Correlation (5Y)
0.34
long-run
Ann. covariance
603.2
%² · weekly, annualized

How correlated are INMD and WSFS?

On 3 years of weekly data the INMD/WSFS correlation comes out at 0.52, moderate. Little has changed lately, as the 1-year reading of 0.45 lands near the 3-year figure. The 5-year figure is 0.34, and annualized covariance runs at 603.2 %².

WSFS is one of the assets that tracks INMD most closely: it ranks #3 out of the 14 assets we track against INMD. The last year tells two different stories: WSFS led by 36.3 percentage points, -2.3% for INMD against +34.0% for WSFS.

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.

INMD vs WSFS: side by side

INMD (InMode Ltd.)WSFS (WSFS Financial Corporation)
1-year return-2.3%+34.0%
5-year return-77.7%+85.9%
Volatility (ann.)38.9%29.9%
Beta vs S&P 5001.090.89
Max drawdown (3Y)-68.2%-24.7%
Market cap$0.9B$4.0B
P/E (trailing)12.413.2
Dividend yield0.00%0.90%
Sector / categoryUS ListedUS Listed
Lower P/E: INMD 12.4 vs 13.2Higher yield: WSFS 0.90% vs 0.00%Smaller drawdown: WSFS -24.7% vs -68.2%Higher 5y return: WSFS +85.9% vs -77.7%
-12%0%+42%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. INMD · WSFS

Year-by-year returns

YearINMDWSFS
2022-49.4%-8.4%
2023-37.7%+2.9%
2024-24.9%+17.1%
2025-12.0%+5.2%
2026+1.0%+43.1%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are INMD and WSFS good diversifiers for each other?

Only partially. A correlation of 0.52 means INMD and WSFS share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.

FAQ

What is the correlation between INMD and WSFS?

As of 2026-08-27, the correlation of weekly returns between INMD and WSFS is 0.52 over 3 years, 0.45 over 1 year and 0.34 over 5 years.

Is WSFS a good diversifier for INMD?

Only partially. A correlation of 0.52 means INMD and WSFS share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.

What does a correlation of 0.52 mean?

A reading of 0.52 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

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$ curl https://www.pairbook.io/api/v1/pairs/inmd-vs-wsfs.json

INMD vs WSFS: 3-year weekly correlation 0.52INMD vs WSFS0.52

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Related comparisons

Hubs: INMD correlations · WSFS correlations