DRVN vs UMBF: Correlation
Driven Brands Holdings Inc. (DRVN) and UMB Financial Corporation (UMBF) show a moderate relationship: their 3-year correlation of weekly returns is 0.52.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DRVN and UMBF?
On 3 years of weekly data the DRVN/UMBF correlation comes out at 0.52, moderate. Recent behaviour matches the longer record: 0.55 over 1 year against 0.52 over 3. The 5-year figure is 0.38, and annualized covariance runs at 637.1 %².
In DRVN's tracked universe of 11 assets, UMBF sits right near the top at #2. Their recent paths diverged sharply: over the last 12 months UMBF outperformed by 50.4 percentage points (-31.2% for DRVN against +19.2% for UMBF). Risk is not evenly split, since DRVN carries 1.5 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.
DRVN vs UMBF: side by side
| DRVN (Driven Brands Holdings Inc.) | UMBF (UMB Financial Corporation) | |
|---|---|---|
| 1-year return | -31.2% | +19.2% |
| 5-year return | -57.4% | +73.4% |
| Volatility (ann.) | 43.3% | 28.4% |
| Beta vs S&P 500 | 0.77 | 1.01 |
| Max drawdown (3Y) | -46.4% | -31.8% |
| Market cap | $2.1B | $11.0B |
| P/E (trailing) | 13.2 | 11.9 |
| Dividend yield | 0.00% | 1.18% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DRVN | UMBF |
|---|---|---|
| 2022 | -18.8% | -20.0% |
| 2023 | -47.8% | +2.2% |
| 2024 | +13.2% | +37.3% |
| 2025 | -8.2% | +3.4% |
| 2026 | -14.6% | +26.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DRVN and UMBF good diversifiers for each other?
Only partially. A correlation of 0.52 means DRVN and UMBF share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between DRVN and UMBF?
The DRVN/UMBF correlation stands at 0.52 on a 3-year window (1 year: 0.55, 5 years: 0.38), computed from weekly returns as of 2026-08-27.
Is UMBF a good diversifier for DRVN?
Only partially. A correlation of 0.52 means DRVN and UMBF share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.52 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/drvn-vs-umbf.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/drvn-vs-umbf/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: DRVN correlations · UMBF correlations
