ABTC vs UNH: Correlation
American Bitcoin Corp. (ABTC) and UnitedHealth Group (UNH) show a negative relationship: their 3-year correlation of weekly returns is -0.21.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ABTC and UNH?
On 3 years of weekly data the ABTC/UNH correlation comes out at -0.21, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.10 versus -0.21 over 3 years. The 5-year figure is -0.16, and annualized covariance runs at -1376.8 %².
Among the 13 assets we track against ABTC, UNH sits near the bottom by co-movement, at rank #10. The last year tells two different stories: UNH led by 123.8 percentage points, -90.3% for ABTC against +33.5% for UNH. Risk is not evenly split, since ABTC carries 4.1 times the volatility of the other side.
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.
ABTC vs UNH: side by side
| ABTC (American Bitcoin Corp.) | UNH (UnitedHealth Group) | |
|---|---|---|
| 1-year return | -90.3% | +33.5% |
| 5-year return | -100.0% | +3.1% |
| Volatility (ann.) | 163.6% | 39.8% |
| Beta vs S&P 500 | 4.24 | 0.17 |
| Max drawdown (3Y) | -99.3% | -61.4% |
| Market cap | $1.1B | $354.6B |
| P/E (trailing) | – | 25.8 |
| Dividend yield | 0.00% | 2.23% |
| Sector / category | US Listed | Health Care |
Year-by-year returns
| Year | ABTC | UNH |
|---|---|---|
| 2022 | -98.0% | +6.9% |
| 2023 | -37.0% | +0.8% |
| 2024 | -95.4% | -2.4% |
| 2025 | -15.2% | -33.1% |
| 2026 | -65.6% | +21.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ABTC and UNH good diversifiers for each other?
By historical standards, yes. A correlation of -0.21 means the two rarely move for the same reasons.
FAQ
What is the correlation between ABTC and UNH?
As of 2026-08-27, the correlation of weekly returns between ABTC and UNH is -0.21 over 3 years, 0.10 over 1 year and -0.16 over 5 years.
Is UNH a good diversifier for ABTC?
By historical standards, yes. A correlation of -0.21 means the two rarely move for the same reasons.
What does a correlation of -0.21 mean?
On the −1 to +1 scale, -0.21 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/abtc-vs-unh.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/abtc-vs-unh/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ABTC correlations · UNH correlations
