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EBF vs UHT: Correlation

How closely do Ennis, Inc. (EBF) and Universal Health Realty Income Trust (UHT) trade together? Their weekly returns over three years give a correlation of 0.55, which is moderate.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.55
moderate
Correlation (1Y)
0.56
last 12 months
Correlation (5Y)
0.55
long-run
Ann. covariance
255.2
%² · weekly, annualized

How correlated are EBF and UHT?

Over the past 3 years, EBF and UHT moved with a correlation of 0.55, which is moderate. The relationship has been stable: the 1-year correlation (0.56) sits close to the 3-year figure. Over 5 years the correlation is 0.55, and the annualized covariance of weekly returns is 255.2 %².

By 3-year correlation, UHT places #5 of the 11 assets tracked against EBF. The trailing year gives EBF the advantage: +22.1% versus +9.4%, a 12.7-point spread.

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.

EBF vs UHT: side by side

EBF (Ennis, Inc.)UHT (Universal Health Realty Income Trust)
1-year return+22.1%+9.4%
5-year return+57.8%-3.5%
Volatility (ann.)18.2%25.4%
Beta vs S&P 5000.290.40
Max drawdown (3Y)-22.8%-27.9%
Market cap$0.6B
P/E (trailing)12.930.2
Dividend yield4.66%7.07%
Sector / categoryUS ListedUS Listed
Lower P/E: EBF 12.9 vs 30.2Higher yield: UHT 7.07% vs 4.66%Smaller drawdown: EBF -22.8% vs -27.9%Higher 5y return: EBF +57.8% vs -3.5%
-11%0%+27%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. EBF · UHT

Year-by-year returns

YearEBFUHT
2022+19.4%-15.3%
2023+3.6%-3.6%
2024+12.6%-7.4%
2025-10.0%+13.3%
2026+23.7%+9.8%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are EBF and UHT good diversifiers for each other?

To a limited degree. At 0.55 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.

FAQ

What is the correlation between EBF and UHT?

As of 2026-08-27, the correlation of weekly returns between EBF and UHT is 0.55 over 3 years, 0.56 over 1 year and 0.55 over 5 years.

Is UHT a good diversifier for EBF?

To a limited degree. At 0.55 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.

What does a correlation of 0.55 mean?

On the −1 to +1 scale, 0.55 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

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EBF vs UHT: 3-year weekly correlation 0.55EBF vs UHT0.55

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Related comparisons

Hubs: EBF correlations · UHT correlations