MCBS vs TDUP: Correlation
MetroCity Bankshares, Inc. (MCBS) and ThredUp Inc. (TDUP) show a moderate relationship: their 3-year correlation of weekly returns is 0.46.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MCBS and TDUP?
Across a 3-year window, the weekly returns of MCBS and TDUP correlate at 0.46, moderate. The past 12 months show a weaker link (0.30) than the 3-year average (0.46). Stretching to 5 years gives 0.28, with an annualized covariance of 1540.1 %².
Within MCBS's tracked universe of 30 assets, TDUP comes in at #23 by 3-year correlation. The last year tells two different stories: MCBS led by 97.5 percentage points, +20.8% for MCBS against -76.7% for TDUP. Note the risk asymmetry: TDUP runs 4.2 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
MCBS vs TDUP: side by side
| MCBS (MetroCity Bankshares, Inc.) | TDUP (ThredUp Inc.) | |
|---|---|---|
| 1-year return | +20.8% | -76.7% |
| 5-year return | +99.5% | -86.2% |
| Volatility (ann.) | 28.2% | 117.6% |
| Beta vs S&P 500 | 0.85 | 2.72 |
| Max drawdown (3Y) | -28.0% | -87.2% |
| Market cap | $1.0B | $0.4B |
| P/E (trailing) | 12.2 | – |
| Dividend yield | 2.95% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MCBS | TDUP |
|---|---|---|
| 2022 | -19.3% | -89.7% |
| 2023 | +15.3% | +71.8% |
| 2024 | +37.1% | -38.2% |
| 2025 | -14.1% | +359.7% |
| 2026 | +35.8% | -58.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MCBS and TDUP good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.46 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between MCBS and TDUP?
The MCBS/TDUP correlation stands at 0.46 on a 3-year window (1 year: 0.30, 5 years: 0.28), computed from weekly returns as of 2026-08-27.
Is TDUP a good diversifier for MCBS?
Yes, to a useful degree: a correlation of 0.46 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.46 mean?
On the −1 to +1 scale, 0.46 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/mcbs-vs-tdup.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/mcbs-vs-tdup/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: MCBS correlations · TDUP correlations
