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PXLW vs SFBC: Correlation

How closely do Pixelworks, Inc. (PXLW) and Sound Financial Bancorp, Inc. (SFBC) trade together? Their weekly returns over three years give a correlation of -0.23, which is negative.

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

Correlation (3Y)
-0.23
negative
Correlation (1Y)
-0.27
last 12 months
Correlation (5Y)
-0.16
long-run
Ann. covariance
-508.7
%² · weekly, annualized

How correlated are PXLW and SFBC?

Over the past 3 years, PXLW and SFBC moved with a correlation of -0.23, which is negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.27 over 1 year against -0.23 over 3. Over 5 years the correlation is -0.16, and the annualized covariance of weekly returns is -508.7 %².

Out of 13 assets tracked against PXLW, SFBC lands near the bottom at #12. The trailing year gives SFBC the advantage: -13.6% versus +0.4%, a 14.0-point spread. Note the risk asymmetry: PXLW runs 4.4 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.

PXLW vs SFBC: side by side

PXLW (Pixelworks, Inc.)SFBC (Sound Financial Bancorp, Inc.)
1-year return-13.6%+0.4%
5-year return-90.7%+19.0%
Volatility (ann.)99.0%22.4%
Beta vs S&P 5001.410.17
Max drawdown (3Y)-86.3%-24.7%
Market cap$0.1B
P/E (trailing)15.2
Dividend yield0.00%1.69%
Sector / categoryUS ListedUS Listed
Higher yield: SFBC 1.69% vs 0.00%Smaller drawdown: SFBC -24.7% vs -86.3%Higher 5y return: SFBC +19.0% vs -90.7%
-42%0%+50%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. PXLW · SFBC

Year-by-year returns

YearPXLWSFBC
2022-59.8%-9.0%
2023-26.0%+1.3%
2024-44.3%+37.4%
2025-27.4%-15.8%
2026+8.6%+10.0%

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

Are PXLW and SFBC good diversifiers for each other?

Yes: at -0.23, the two have gone their own ways historically, which is what genuine diversification looks like.

FAQ

What is the correlation between PXLW and SFBC?

The PXLW/SFBC correlation stands at -0.23 on a 3-year window (1 year: -0.27, 5 years: -0.16), computed from weekly returns as of 2026-08-27.

Is SFBC a good diversifier for PXLW?

Yes: at -0.23, the two have gone their own ways historically, which is what genuine diversification looks like.

What does a correlation of -0.23 mean?

A reading of -0.23 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.

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PXLW vs SFBC: 3-year weekly correlation -0.23PXLW vs SFBC-0.23

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Hubs: PXLW correlations · SFBC correlations