ADUS vs UHS: Correlation
Addus HomeCare Corporation (ADUS) and Universal Health Services (UHS) show a moderate relationship: their 3-year correlation of weekly returns is 0.40.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ADUS and UHS?
On 3 years of weekly data the ADUS/UHS correlation comes out at 0.40, moderate. Recent behaviour matches the longer record: 0.47 over 1 year against 0.40 over 3. The 5-year figure is 0.24, and annualized covariance runs at 339.5 %².
Within ADUS's tracked universe of 11 assets, UHS comes in at #5 by 3-year correlation. The trailing year gives ADUS the advantage: +2.2% versus -5.0%, a 7.2-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.
ADUS vs UHS: side by side
| ADUS (Addus HomeCare Corporation) | UHS (Universal Health Services) | |
|---|---|---|
| 1-year return | +2.2% | -5.0% |
| 5-year return | +31.2% | +13.5% |
| Volatility (ann.) | 27.2% | 31.1% |
| Beta vs S&P 500 | 0.41 | 0.60 |
| Max drawdown (3Y) | -34.9% | -42.0% |
| Market cap | $2.2B | $10.2B |
| P/E (trailing) | 20.7 | 7.3 |
| Dividend yield | 0.00% | 0.45% |
| Sector / category | US Listed | Health Care |
Year-by-year returns
| Year | ADUS | UHS |
|---|---|---|
| 2022 | +6.4% | +9.4% |
| 2023 | -6.7% | +8.8% |
| 2024 | +35.0% | +18.2% |
| 2025 | -14.3% | +22.0% |
| 2026 | +9.9% | -20.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ADUS and UHS good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.40 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between ADUS and UHS?
Using weekly returns as of 2026-08-27: 0.40 over 3 years, with 0.47 over the last year and 0.24 over 5 years.
Is UHS a good diversifier for ADUS?
Yes, to a useful degree: a correlation of 0.40 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.40 mean?
A reading of 0.40 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
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Related comparisons
Hubs: ADUS correlations · UHS correlations