SBCF vs TFSL: Correlation
Seacoast Banking Corporation of Florida (SBCF) and TFS Financial Corporation (TFSL) show a strong relationship: their 3-year correlation of weekly returns is 0.78.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SBCF and TFSL?
Across a 3-year window, the weekly returns of SBCF and TFSL correlate at 0.78, strong. The relationship has been stable: the 1-year correlation (0.69) sits close to the 3-year figure. Stretching to 5 years gives 0.66, with an annualized covariance of 554.4 %².
Among the 30 assets we track against SBCF, TFSL ranks #13 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months TFSL outperformed by 23.5 percentage points (+12.7% for SBCF against +36.2% for TFSL).
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.
SBCF vs TFSL: side by side
| SBCF (Seacoast Banking Corporation of Florida) | TFSL (TFS Financial Corporation) | |
|---|---|---|
| 1-year return | +12.7% | +36.2% |
| 5-year return | +23.0% | +35.4% |
| Volatility (ann.) | 30.8% | 23.1% |
| Beta vs S&P 500 | 0.96 | 0.49 |
| Max drawdown (3Y) | -27.8% | -21.3% |
| Market cap | $3.3B | $5.0B |
| P/E (trailing) | 22.3 | 49.7 |
| Dividend yield | 2.18% | 6.31% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | SBCF | TFSL |
|---|---|---|
| 2022 | -10.1% | -13.0% |
| 2023 | -6.0% | +11.2% |
| 2024 | -0.5% | -6.7% |
| 2025 | +17.1% | +16.0% |
| 2026 | +10.5% | +39.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SBCF and TFSL good diversifiers for each other?
Somewhat, no more. With 0.78 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between SBCF and TFSL?
As of 2026-08-27, the correlation of weekly returns between SBCF and TFSL is 0.78 over 3 years, 0.69 over 1 year and 0.66 over 5 years.
Is TFSL a good diversifier for SBCF?
Somewhat, no more. With 0.78 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.78 mean?
On the −1 to +1 scale, 0.78 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.
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Related comparisons
Hubs: SBCF correlations · TFSL correlations
