ABT vs USAR: Correlation
How closely do Abbott Laboratories (ABT) and USA Rare Earth, Inc. (USAR) trade together? Their weekly returns over three years give a correlation of -0.24, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ABT and USAR?
Over the past 3 years, ABT and USAR moved with a correlation of -0.24, which is negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.32 lands near the 3-year figure. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -521.0 %².
Out of 29 assets tracked against ABT, USAR lands near the bottom at #29. Correlation aside, the last 12 months split them widely, with USAR ahead by 35.9 points (-13.2% versus +22.7%). One caveat on sizing: USAR is 4.5 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
ABT vs USAR: side by side
| ABT (Abbott Laboratories) | USAR (USA Rare Earth, Inc.) | |
|---|---|---|
| 1-year return | -13.2% | +22.7% |
| 5-year return | -2.3% | n/a |
| Volatility (ann.) | 22.0% | 98.3% |
| Beta vs S&P 500 | 0.16 | -0.14 |
| Max drawdown (3Y) | -39.6% | -69.2% |
| Market cap | $193.1B | $4.7B |
| P/E (trailing) | 37.0 | – |
| Dividend yield | 2.17% | 0.00% |
| Sector / category | Health Care | US Listed |
Year-by-year returns
| Year | ABT | USAR |
|---|---|---|
| 2022 | -20.7% | – |
| 2023 | +2.3% | – |
| 2024 | +4.8% | +11.1% |
| 2025 | +12.9% | +3.7% |
| 2026 | -9.3% | +61.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ABT and USAR good diversifiers for each other?
Yes: at -0.24, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between ABT and USAR?
Using weekly returns as of 2026-08-27: -0.24 over 3 years, with -0.32 over the last year and n/a over 5 years.
Is USAR a good diversifier for ABT?
Yes: at -0.24, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.24 mean?
A reading of -0.24 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/abt-vs-usar.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/abt-vs-usar/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ABT correlations · USAR correlations
