BSRR vs UVSP: Correlation
Sierra Bancorp (BSRR) and Univest Financial Corporation (UVSP) show a very strong relationship: their 3-year correlation of weekly returns is 0.83.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BSRR and UVSP?
Across a 3-year window, the weekly returns of BSRR and UVSP correlate at 0.83, very strong, meaning they move nearly in lockstep. The link has loosened recently: the 1-year correlation (0.68) runs below the 3-year figure (0.83). Stretching to 5 years gives 0.75, with an annualized covariance of 777.6 %².
Among the 14 assets we track against BSRR, UVSP ranks #5 by 3-year correlation. Their 12-month results are close: +32.6% for BSRR 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.
BSRR vs UVSP: side by side
| BSRR (Sierra Bancorp) | UVSP (Univest Financial Corporation) | |
|---|---|---|
| 1-year return | +32.6% | +34.0% |
| 5-year return | +91.2% | +81.7% |
| Volatility (ann.) | 31.7% | 29.4% |
| Beta vs S&P 500 | 0.83 | 0.81 |
| Max drawdown (3Y) | -29.1% | -20.9% |
| Market cap | $0.5B | $1.1B |
| P/E (trailing) | 11.7 | 12.0 |
| Dividend yield | 2.63% | 2.16% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BSRR | UVSP |
|---|---|---|
| 2022 | -18.6% | -9.9% |
| 2023 | +11.5% | -12.1% |
| 2024 | +33.3% | +38.8% |
| 2025 | +17.0% | +14.3% |
| 2026 | +24.4% | +29.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BSRR and UVSP good diversifiers for each other?
No. With a correlation of 0.83, BSRR and UVSP move nearly in lockstep, so holding both adds very little diversification.
FAQ
What is the correlation between BSRR and UVSP?
As of 2026-08-27, the correlation of weekly returns between BSRR and UVSP is 0.83 over 3 years, 0.68 over 1 year and 0.75 over 5 years.
Is UVSP a good diversifier for BSRR?
No. With a correlation of 0.83, BSRR and UVSP move nearly in lockstep, so holding both adds very little diversification.
What does a correlation of 0.83 mean?
On the −1 to +1 scale, 0.83 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/bsrr-vs-uvsp.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bsrr-vs-uvsp/)
No key needed, free to use. Full endpoint list in the API documentation.
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Hubs: BSRR correlations · UVSP correlations