AYTU vs UNH: Correlation
Measured on weekly returns over the past three years, Aytu BioPharma, Inc. (AYTU) and UnitedHealth Group (UNH) carry a correlation of -0.21, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AYTU and UNH?
Over the past 3 years, AYTU and UNH moved with a correlation of -0.21, which is negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at -0.06 versus -0.21 over 3 years. Over 5 years the correlation is -0.16, and the annualized covariance of weekly returns is -687.9 %².
UNH is close to the least connected end of AYTU's tracked universe, ranking #11 of 14. Their recent paths diverged sharply: over the last 12 months UNH outperformed by 37.4 percentage points (-3.9% for AYTU against +33.5% for UNH). Risk is not evenly split, since AYTU carries 2.0 times the volatility of the other side.
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.
AYTU vs UNH: side by side
| AYTU (Aytu BioPharma, Inc.) | UNH (UnitedHealth Group) | |
|---|---|---|
| 1-year return | -3.9% | +33.5% |
| 5-year return | -97.0% | +3.1% |
| Volatility (ann.) | 80.5% | 39.8% |
| Beta vs S&P 500 | 1.44 | 0.17 |
| Max drawdown (3Y) | -70.2% | -61.4% |
| Market cap | – | $354.6B |
| P/E (trailing) | – | 25.8 |
| Dividend yield | 0.00% | 2.23% |
| Sector / category | US Listed | Health Care |
Year-by-year returns
| Year | AYTU | UNH |
|---|---|---|
| 2022 | -85.9% | +6.9% |
| 2023 | -25.3% | +0.8% |
| 2024 | -40.1% | -2.4% |
| 2025 | +52.9% | -33.1% |
| 2026 | -13.8% | +21.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AYTU and UNH good diversifiers for each other?
Yes: at -0.21, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between AYTU and UNH?
As of 2026-08-27, the correlation of weekly returns between AYTU and UNH is -0.21 over 3 years, -0.06 over 1 year and -0.16 over 5 years.
Is UNH a good diversifier for AYTU?
Yes: at -0.21, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.21 mean?
On the −1 to +1 scale, -0.21 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/aytu-vs-unh.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/aytu-vs-unh/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AYTU correlations · UNH correlations
