CCB vs WU: Correlation
Measured on weekly returns over the past three years, Coastal Financial Corporation (CCB) and Western Union Company (The) (WU) carry a correlation of 0.44, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CCB and WU?
Over the past 3 years, CCB and WU moved with a correlation of 0.44, which is moderate. Lately the two have moved closer together, with the 1-year correlation at 0.60 versus 0.44 over 3 years. Over 5 years the correlation is 0.37, and the annualized covariance of weekly returns is 625.2 %².
Within CCB's tracked universe of 19 assets, WU comes in at #7 by 3-year correlation. Correlation aside, the last 12 months split them widely, with WU ahead by 53.2 points (-59.0% versus -5.8%).
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.
CCB vs WU: side by side
| CCB (Coastal Financial Corporation) | WU (Western Union Company (The)) | |
|---|---|---|
| 1-year return | -59.0% | -5.8% |
| 5-year return | +59.4% | -49.2% |
| Volatility (ann.) | 45.4% | 31.1% |
| Beta vs S&P 500 | 0.96 | 0.48 |
| Max drawdown (3Y) | -66.5% | -43.2% |
| Market cap | $0.7B | $2.2B |
| P/E (trailing) | – | 5.9 |
| Dividend yield | 0.00% | 12.95% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CCB | WU |
|---|---|---|
| 2022 | -6.1% | -17.9% |
| 2023 | -6.5% | -6.2% |
| 2024 | +91.2% | -3.8% |
| 2025 | +35.0% | -2.6% |
| 2026 | -59.2% | -18.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CCB and WU good diversifiers for each other?
Reasonably. At 0.44, CCB and WU keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between CCB and WU?
The CCB/WU correlation stands at 0.44 on a 3-year window (1 year: 0.60, 5 years: 0.37), computed from weekly returns as of 2026-08-27.
Is WU a good diversifier for CCB?
Reasonably. At 0.44, CCB and WU keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.44 mean?
A reading of 0.44 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/ccb-vs-wu.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/ccb-vs-wu/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CCB correlations · WU correlations
