THFF vs TMP: Correlation
Measured on weekly returns over the past three years, First Financial Corporation (THFF) and Tompkins Financial Corporation (TMP) carry a correlation of 0.87, a very strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are THFF and TMP?
On 3 years of weekly data the THFF/TMP correlation comes out at 0.87, very strong, meaning they move nearly in lockstep. The relationship has been stable: the 1-year correlation (0.87) sits close to the 3-year figure. The 5-year figure is 0.85, and annualized covariance runs at 777.8 %².
Within THFF's tracked universe of 70 assets, TMP comes in at #13 by 3-year correlation. Their 12-month results are close: +38.8% for THFF against +41.8% for TMP.
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.
THFF vs TMP: side by side
| THFF (First Financial Corporation) | TMP (Tompkins Financial Corporation) | |
|---|---|---|
| 1-year return | +38.8% | +41.8% |
| 5-year return | +135.2% | +49.6% |
| Volatility (ann.) | 28.2% | 31.6% |
| Beta vs S&P 500 | 0.81 | 0.72 |
| Max drawdown (3Y) | -20.2% | -30.9% |
| Market cap | $0.9B | $1.4B |
| P/E (trailing) | 11.1 | 8.0 |
| Dividend yield | 2.77% | 2.68% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | THFF | TMP |
|---|---|---|
| 2022 | +4.4% | -4.4% |
| 2023 | -2.6% | -19.2% |
| 2024 | +11.1% | +17.8% |
| 2025 | +36.2% | +11.1% |
| 2026 | +35.0% | +37.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are THFF and TMP good diversifiers for each other?
No. With a correlation of 0.87, THFF and TMP move nearly in lockstep, so holding both adds very little diversification.
FAQ
What is the correlation between THFF and TMP?
The THFF/TMP correlation stands at 0.87 on a 3-year window (1 year: 0.87, 5 years: 0.85), computed from weekly returns as of 2026-08-27.
Is TMP a good diversifier for THFF?
No. With a correlation of 0.87, THFF and TMP move nearly in lockstep, so holding both adds very little diversification.
What does a correlation of 0.87 mean?
On the −1 to +1 scale, 0.87 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/thff-vs-tmp.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/thff-vs-tmp/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: THFF correlations · TMP correlations
