AUB vs TGT: Correlation
Atlantic Union Bankshares Corporation (AUB) and Target Corporation (TGT) show a moderate relationship: their 3-year correlation of weekly returns is 0.46.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AUB and TGT?
Across a 3-year window, the weekly returns of AUB and TGT correlate at 0.46, moderate. Little has changed lately, as the 1-year reading of 0.47 lands near the 3-year figure. Stretching to 5 years gives 0.30, with an annualized covariance of 461.3 %².
By 3-year correlation, TGT places #44 of the 50 assets tracked against AUB. Their recent paths diverged sharply: over the last 12 months TGT outperformed by 57.2 percentage points (+19.0% for AUB against +76.2% for TGT).
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 TGT: side by side
| AUB (Atlantic Union Bankshares Corporation) | TGT (Target Corporation) | |
|---|---|---|
| 1-year return | +19.0% | +76.2% |
| 5-year return | +33.7% | -22.2% |
| Volatility (ann.) | 31.5% | 32.0% |
| Beta vs S&P 500 | 1.07 | 0.62 |
| Max drawdown (3Y) | -44.7% | -49.8% |
| Market cap | $5.8B | $75.4B |
| P/E (trailing) | 11.9 | 17.2 |
| Dividend yield | 3.56% | 2.78% |
| Sector / category | US Listed | Consumer Staples |
Year-by-year returns
| Year | AUB | TGT |
|---|---|---|
| 2022 | -2.6% | -34.2% |
| 2023 | +8.1% | -1.4% |
| 2024 | +7.5% | -2.3% |
| 2025 | -2.7% | -24.5% |
| 2026 | +18.9% | +74.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AUB and TGT good diversifiers for each other?
A fair diversifier. At 0.46, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between AUB and TGT?
As of 2026-08-27, the correlation of weekly returns between AUB and TGT is 0.46 over 3 years, 0.47 over 1 year and 0.30 over 5 years.
Is TGT a good diversifier for AUB?
A fair diversifier. At 0.46, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.46 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
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Related comparisons
Hubs: AUB correlations · TGT correlations
