AUB vs PRG: Correlation
Atlantic Union Bankshares Corporation (AUB) and PROG Holdings, Inc. (PRG) show a moderate relationship: their 3-year correlation of weekly returns is 0.56.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AUB and PRG?
Across a 3-year window, the weekly returns of AUB and PRG correlate at 0.56, moderate. The link has tightened recently: the 1-year correlation (0.67) runs above the 3-year figure (0.56). Stretching to 5 years gives 0.41, with an annualized covariance of 827.7 %².
Within AUB's tracked universe of 50 assets, PRG comes in at #33 by 3-year correlation. Over the last 12 months AUB came out ahead by 5.1 percentage points (+19.0% against +13.9%).
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.
AUB vs PRG: side by side
| AUB (Atlantic Union Bankshares Corporation) | PRG (PROG Holdings, Inc.) | |
|---|---|---|
| 1-year return | +19.0% | +13.9% |
| 5-year return | +33.7% | -13.8% |
| Volatility (ann.) | 31.5% | 46.7% |
| Beta vs S&P 500 | 1.07 | 1.07 |
| Max drawdown (3Y) | -44.7% | -51.9% |
| Market cap | $5.8B | $1.6B |
| P/E (trailing) | 11.9 | 12.8 |
| Dividend yield | 3.56% | 1.36% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AUB | PRG |
|---|---|---|
| 2022 | -2.6% | -62.6% |
| 2023 | +8.1% | +83.0% |
| 2024 | +7.5% | +38.4% |
| 2025 | -2.7% | -29.0% |
| 2026 | +18.9% | +36.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AUB and PRG good diversifiers for each other?
To a limited degree. At 0.56 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between AUB and PRG?
The AUB/PRG correlation stands at 0.56 on a 3-year window (1 year: 0.67, 5 years: 0.41), computed from weekly returns as of 2026-08-27.
Is PRG a good diversifier for AUB?
To a limited degree. At 0.56 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.56 mean?
A reading of 0.56 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/aub-vs-prg.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/aub-vs-prg/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AUB correlations · PRG correlations
