AMAL vs UVSP: Correlation
Amalgamated Financial Corp. (AMAL) and Univest Financial Corporation (UVSP) show a very strong relationship: their 3-year correlation of weekly returns is 0.81.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AMAL and UVSP?
On 3 years of weekly data the AMAL/UVSP correlation comes out at 0.81, very strong, meaning they move nearly in lockstep. The relationship has been stable: the 1-year correlation (0.75) sits close to the 3-year figure. The 5-year figure is 0.72, and annualized covariance runs at 760.5 %².
Within AMAL's tracked universe of 11 assets, UVSP comes in at #4 by 3-year correlation. The last year tells two different stories: AMAL led by 32.7 percentage points, +66.7% for AMAL against +34.0% for UVSP.
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.
AMAL vs UVSP: side by side
| AMAL (Amalgamated Financial Corp.) | UVSP (Univest Financial Corporation) | |
|---|---|---|
| 1-year return | +66.7% | +34.0% |
| 5-year return | +247.4% | +81.7% |
| Volatility (ann.) | 32.0% | 29.4% |
| Beta vs S&P 500 | 0.84 | 0.81 |
| Max drawdown (3Y) | -32.8% | -20.9% |
| Market cap | $1.5B | $1.1B |
| P/E (trailing) | 13.0 | 12.0 |
| Dividend yield | 1.34% | 2.16% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AMAL | UVSP |
|---|---|---|
| 2022 | +39.8% | -9.9% |
| 2023 | +19.4% | -12.1% |
| 2024 | +26.3% | +38.8% |
| 2025 | -2.5% | +14.3% |
| 2026 | +53.6% | +29.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AMAL and UVSP good diversifiers for each other?
No. With a correlation of 0.81, AMAL and UVSP move nearly in lockstep, so holding both adds very little diversification.
FAQ
What is the correlation between AMAL and UVSP?
As of 2026-08-27, the correlation of weekly returns between AMAL and UVSP is 0.81 over 3 years, 0.75 over 1 year and 0.72 over 5 years.
Is UVSP a good diversifier for AMAL?
No. With a correlation of 0.81, AMAL and UVSP move nearly in lockstep, so holding both adds very little diversification.
What does a correlation of 0.81 mean?
A reading of 0.81 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/amal-vs-uvsp.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/amal-vs-uvsp/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AMAL correlations · UVSP correlations
