NWFL vs WSFS: Correlation
Norwood Financial Corp. (NWFL) and WSFS Financial Corporation (WSFS) show a strong relationship: their 3-year correlation of weekly returns is 0.73.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are NWFL and WSFS?
On 3 years of weekly data the NWFL/WSFS correlation comes out at 0.73, strong. The relationship has been stable: the 1-year correlation (0.73) sits close to the 3-year figure. The 5-year figure is 0.61, and annualized covariance runs at 683.3 %².
By 3-year correlation, WSFS places #5 of the 13 assets tracked against NWFL. Twelve-month performance is nearly a tie, at +34.3% for NWFL and +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.
NWFL vs WSFS: side by side
| NWFL (Norwood Financial Corp.) | WSFS (WSFS Financial Corporation) | |
|---|---|---|
| 1-year return | +34.3% | +34.0% |
| 5-year return | +65.8% | +85.9% |
| Volatility (ann.) | 31.4% | 29.9% |
| Beta vs S&P 500 | 0.64 | 0.89 |
| Max drawdown (3Y) | -33.6% | -24.7% |
| Market cap | $0.4B | $4.0B |
| P/E (trailing) | 11.7 | 13.2 |
| Dividend yield | 3.78% | 0.90% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | NWFL | WSFS |
|---|---|---|
| 2022 | +34.1% | -8.4% |
| 2023 | +2.4% | +2.9% |
| 2024 | -13.6% | +17.1% |
| 2025 | +8.4% | +5.2% |
| 2026 | +25.3% | +43.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are NWFL and WSFS good diversifiers for each other?
Only partially. A correlation of 0.73 means NWFL 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 NWFL and WSFS?
The NWFL/WSFS correlation stands at 0.73 on a 3-year window (1 year: 0.73, 5 years: 0.61), computed from weekly returns as of 2026-08-27.
Is WSFS a good diversifier for NWFL?
Only partially. A correlation of 0.73 means NWFL 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 0.73 mean?
A reading of 0.73 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/nwfl-vs-wsfs.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/nwfl-vs-wsfs/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: NWFL correlations · WSFS correlations
