RBCAA vs WMK: Correlation
How closely do Republic Bancorp, Inc. (RBCAA) and Weis Markets, Inc. (WMK) trade together? Their weekly returns over three years give a correlation of 0.53, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RBCAA and WMK?
Over the past 3 years, RBCAA and WMK moved with a correlation of 0.53, which is moderate. The link has tightened recently: the 1-year correlation (0.64) runs above the 3-year figure (0.53). Over 5 years the correlation is 0.45, and the annualized covariance of weekly returns is 390.2 %².
By 3-year correlation, WMK places #22 of the 31 assets tracked against RBCAA. Their recent paths diverged sharply: over the last 12 months RBCAA outperformed by 28.0 percentage points (+25.1% for RBCAA against -2.9% for WMK).
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.
RBCAA vs WMK: side by side
| RBCAA (Republic Bancorp, Inc.) | WMK (Weis Markets, Inc.) | |
|---|---|---|
| 1-year return | +25.1% | -2.9% |
| 5-year return | +117.3% | +36.2% |
| Volatility (ann.) | 28.1% | 26.2% |
| Beta vs S&P 500 | 0.68 | 0.07 |
| Max drawdown (3Y) | -21.6% | -29.4% |
| Market cap | $1.8B | – |
| P/E (trailing) | 14.4 | 17.6 |
| Dividend yield | 2.01% | 1.92% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | RBCAA | WMK |
|---|---|---|
| 2022 | -16.9% | +27.1% |
| 2023 | +39.4% | -20.8% |
| 2024 | +30.3% | +8.0% |
| 2025 | +1.3% | -3.6% |
| 2026 | +38.0% | +11.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RBCAA and WMK good diversifiers for each other?
To a limited degree. At 0.53 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between RBCAA and WMK?
Using weekly returns as of 2026-08-27: 0.53 over 3 years, with 0.64 over the last year and 0.45 over 5 years.
Is WMK a good diversifier for RBCAA?
To a limited degree. At 0.53 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.53 mean?
A reading of 0.53 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/rbcaa-vs-wmk.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/rbcaa-vs-wmk/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: RBCAA correlations · WMK correlations
