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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

Correlation (3Y)
0.83
very strong
Correlation (1Y)
0.68
last 12 months
Correlation (5Y)
0.75
long-run
Ann. covariance
777.6
%² · weekly, annualized

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 5000.830.81
Max drawdown (3Y)-29.1%-20.9%
Market cap$0.5B$1.1B
P/E (trailing)11.712.0
Dividend yield2.63%2.16%
Sector / categoryUS ListedUS Listed
Lower P/E: BSRR 11.7 vs 12.0Higher yield: BSRR 2.63% vs 2.16%Smaller drawdown: UVSP -20.9% vs -29.1%Higher 5y return: BSRR +91.2% vs +81.7%
-11%0%+46%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). BSRR · UVSP

Year-by-year returns

YearBSRRUVSP
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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/bsrr-vs-uvsp.json

BSRR vs UVSP: 3-year weekly correlation 0.83BSRR vs UVSP0.83

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Related comparisons

Hubs: BSRR correlations · UVSP correlations