CMCSA vs USB: Correlation
How closely do Comcast (CMCSA) and U.S. Bancorp (USB) trade together? Their weekly returns over three years give a correlation of 0.46, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CMCSA and USB?
Over the past 3 years, CMCSA and USB moved with a correlation of 0.46, which is moderate. The past 12 months show a weaker link (0.33) than the 3-year average (0.46). Over 5 years the correlation is 0.46, and the annualized covariance of weekly returns is 297.7 %².
By 3-year correlation, USB places #15 of the 39 assets tracked against CMCSA. The last year tells two different stories: USB led by 45.7 percentage points, -12.6% for CMCSA against +33.1% for USB. The link looks structural: the rolling one-year correlation barely moved, holding between 0.38 and 0.56.
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.
CMCSA vs USB: side by side
| CMCSA (Comcast) | USB (U.S. Bancorp) | |
|---|---|---|
| 1-year return | -12.6% | +33.1% |
| 5-year return | -44.5% | +36.0% |
| Volatility (ann.) | 23.8% | 27.3% |
| Beta vs S&P 500 | 0.48 | 1.09 |
| Max drawdown (3Y) | -44.9% | -30.6% |
| Market cap | $93.7B | $97.2B |
| P/E (trailing) | 8.7 | 12.5 |
| Dividend yield | 4.85% | 3.31% |
| Sector / category | Communication Services | Financials |
Year-by-year returns
| Year | CMCSA | USB |
|---|---|---|
| 2022 | -28.7% | -19.1% |
| 2023 | +29.1% | +4.8% |
| 2024 | -11.8% | +15.6% |
| 2025 | -17.3% | +16.5% |
| 2026 | -2.2% | +19.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CMCSA and USB good diversifiers for each other?
Reasonably. At 0.46, CMCSA and USB keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between CMCSA and USB?
Using weekly returns as of 2026-08-27: 0.46 over 3 years, with 0.33 over the last year and 0.46 over 5 years.
Is USB a good diversifier for CMCSA?
Reasonably. At 0.46, CMCSA and USB keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.46 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/cmcsa-vs-usb.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/cmcsa-vs-usb/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CMCSA correlations · USB correlations
