SFBS vs VRTS: Correlation
How closely do ServisFirst Bancshares, Inc. (SFBS) and Virtus Investment Partners, Inc. (VRTS) trade together? Their weekly returns over three years give a correlation of 0.65, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SFBS and VRTS?
Over the past 3 years, SFBS and VRTS moved with a correlation of 0.65, which is strong. The link has loosened recently: the 1-year correlation (0.39) runs below the 3-year figure (0.65). Over 5 years the correlation is 0.50, and the annualized covariance of weekly returns is 685.7 %².
Within SFBS's tracked universe of 14 assets, VRTS comes in at #8 by 3-year correlation. The trailing year gives SFBS the advantage: -0.8% versus -11.8%, a 11.0-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.
SFBS vs VRTS: side by side
| SFBS (ServisFirst Bancshares, Inc.) | VRTS (Virtus Investment Partners, Inc.) | |
|---|---|---|
| 1-year return | -0.8% | -11.8% |
| 5-year return | +29.4% | -34.1% |
| Volatility (ann.) | 34.1% | 30.7% |
| Beta vs S&P 500 | 0.96 | 1.03 |
| Max drawdown (3Y) | -30.4% | -46.6% |
| Market cap | $4.7B | $1.1B |
| P/E (trailing) | 14.7 | 9.5 |
| Dividend yield | 1.70% | 5.74% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | SFBS | VRTS |
|---|---|---|
| 2022 | -17.9% | -33.5% |
| 2023 | -1.2% | +30.9% |
| 2024 | +28.8% | -5.6% |
| 2025 | -13.9% | -22.1% |
| 2026 | +22.1% | +7.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SFBS and VRTS good diversifiers for each other?
Somewhat, no more. With 0.65 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between SFBS and VRTS?
The SFBS/VRTS correlation stands at 0.65 on a 3-year window (1 year: 0.39, 5 years: 0.50), computed from weekly returns as of 2026-08-27.
Is VRTS a good diversifier for SFBS?
Somewhat, no more. With 0.65 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.65 mean?
On the −1 to +1 scale, 0.65 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/sfbs-vs-vrts.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/sfbs-vs-vrts/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: SFBS correlations · VRTS correlations
