PFS vs WSFS: Correlation
Provident Financial Services, Inc (PFS) and WSFS Financial Corporation (WSFS) show a very strong relationship: their 3-year correlation of weekly returns is 0.88.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PFS and WSFS?
On 3 years of weekly data the PFS/WSFS correlation comes out at 0.88, very strong, meaning they move nearly in lockstep. Recent behaviour matches the longer record: 0.84 over 1 year against 0.88 over 3. The 5-year figure is 0.82, and annualized covariance runs at 803.0 %².
By 3-year correlation, WSFS places #5 of the 28 assets tracked against PFS. The trailing year gives WSFS the advantage: +23.9% versus +34.0%, a 10.1-point spread.
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.
PFS vs WSFS: side by side
| PFS (Provident Financial Services, Inc) | WSFS (WSFS Financial Corporation) | |
|---|---|---|
| 1-year return | +23.9% | +34.0% |
| 5-year return | +37.5% | +85.9% |
| Volatility (ann.) | 30.4% | 29.9% |
| Beta vs S&P 500 | 0.87 | 0.89 |
| Max drawdown (3Y) | -31.3% | -24.7% |
| Market cap | $3.1B | $4.0B |
| P/E (trailing) | 9.8 | 13.2 |
| Dividend yield | 2.04% | 0.90% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | PFS | WSFS |
|---|---|---|
| 2022 | -8.0% | -8.4% |
| 2023 | -10.8% | +2.9% |
| 2024 | +10.7% | +17.1% |
| 2025 | +10.2% | +5.2% |
| 2026 | +23.1% | +43.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PFS and WSFS good diversifiers for each other?
Not really. At 0.88, the two trade almost as one position, and owning both buys little extra protection.
FAQ
What is the correlation between PFS and WSFS?
As of 2026-08-27, the correlation of weekly returns between PFS and WSFS is 0.88 over 3 years, 0.84 over 1 year and 0.82 over 5 years.
Is WSFS a good diversifier for PFS?
Not really. At 0.88, the two trade almost as one position, and owning both buys little extra protection.
What does a correlation of 0.88 mean?
On the −1 to +1 scale, 0.88 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/pfs-vs-wsfs.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/pfs-vs-wsfs/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: PFS correlations · WSFS correlations
