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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

Correlation (3Y)
0.40
moderate
Correlation (1Y)
0.47
last 12 months
Correlation (5Y)
0.24
long-run
Ann. covariance
339.5
%² · weekly, annualized

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 5000.410.60
Max drawdown (3Y)-34.9%-42.0%
Market cap$2.2B$10.2B
P/E (trailing)20.77.3
Dividend yield0.00%0.45%
Sector / categoryUS ListedHealth Care
Lower P/E: UHS 7.3 vs 20.7Higher yield: UHS 0.45% vs 0.00%Smaller drawdown: ADUS -34.9% vs -42.0%Higher 5y return: ADUS +31.2% vs +13.5%
-26%0%+28%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. ADUS · UHS

Year-by-year returns

YearADUSUHS
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.

Use this data

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ADUS vs UHS: 3-year weekly correlation 0.40ADUS vs UHS0.40

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Related comparisons

Hubs: ADUS correlations · UHS correlations