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AUB vs VTRS: Correlation

Measured on weekly returns over the past three years, Atlantic Union Bankshares Corporation (AUB) and Viatris (VTRS) carry a correlation of 0.50, a moderate link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.50
moderate
Correlation (1Y)
0.51
last 12 months
Correlation (5Y)
0.47
long-run
Ann. covariance
514.4
%² · weekly, annualized

How correlated are AUB and VTRS?

Across a 3-year window, the weekly returns of AUB and VTRS correlate at 0.50, moderate. The relationship has been stable: the 1-year correlation (0.51) sits close to the 3-year figure. Stretching to 5 years gives 0.47, with an annualized covariance of 514.4 %².

By 3-year correlation, VTRS places #40 of the 50 assets tracked against AUB. Their recent paths diverged sharply: over the last 12 months VTRS outperformed by 48.8 percentage points (+19.0% for AUB against +67.8% for VTRS).

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 VTRS: side by side

AUB (Atlantic Union Bankshares Corporation)VTRS (Viatris)
1-year return+19.0%+67.8%
5-year return+33.7%+44.6%
Volatility (ann.)31.5%32.8%
Beta vs S&P 5001.070.79
Max drawdown (3Y)-44.7%-45.0%
Market cap$5.8B$19.4B
P/E (trailing)11.9
Dividend yield3.56%2.85%
Sector / categoryUS ListedHealth Care
Higher yield: AUB 3.56% vs 2.85%Smaller drawdown: AUB -44.7% vs -45.0%Higher 5y return: VTRS +44.6% vs +33.7%
-9%0%+72%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. AUB · VTRS

Year-by-year returns

YearAUBVTRS
2022-2.6%-14.3%
2023+8.1%+2.1%
2024+7.5%+19.7%
2025-2.7%+5.1%
2026+18.9%+38.9%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are AUB and VTRS good diversifiers for each other?

To a limited degree. At 0.50 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 VTRS?

As of 2026-08-27, the correlation of weekly returns between AUB and VTRS is 0.50 over 3 years, 0.51 over 1 year and 0.47 over 5 years.

Is VTRS a good diversifier for AUB?

To a limited degree. At 0.50 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 0.50 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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AUB vs VTRS: 3-year weekly correlation 0.50AUB vs VTRS0.50

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Related comparisons

Hubs: AUB correlations · VTRS correlations