EHC vs UHS: Correlation
Measured on weekly returns over the past three years, Encompass Health Corporation (EHC) and Universal Health Services (UHS) carry a correlation of 0.47, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EHC and UHS?
On 3 years of weekly data the EHC/UHS correlation comes out at 0.47, moderate. Little has changed lately, as the 1-year reading of 0.37 lands near the 3-year figure. The 5-year figure is 0.56, and annualized covariance runs at 354.4 %².
Among the 15 assets we track against EHC, UHS ranks #6 by 3-year correlation. Their 12-month results are close: -2.6% for EHC against -5.0% for UHS.
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.
EHC vs UHS: side by side
| EHC (Encompass Health Corporation) | UHS (Universal Health Services) | |
|---|---|---|
| 1-year return | -2.6% | -5.0% |
| 5-year return | +101.2% | +13.5% |
| Volatility (ann.) | 24.5% | 31.1% |
| Beta vs S&P 500 | 0.61 | 0.60 |
| Max drawdown (3Y) | -26.1% | -42.0% |
| Market cap | $11.8B | $10.2B |
| P/E (trailing) | 20.2 | 7.3 |
| Dividend yield | 0.63% | 0.45% |
| Sector / category | US Listed | Health Care |
Year-by-year returns
| Year | EHC | UHS |
|---|---|---|
| 2022 | +17.0% | +9.4% |
| 2023 | +12.6% | +8.8% |
| 2024 | +39.2% | +18.2% |
| 2025 | +15.7% | +22.0% |
| 2026 | +13.3% | -20.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EHC and UHS good diversifiers for each other?
Reasonably. At 0.47, EHC and UHS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between EHC and UHS?
Using weekly returns as of 2026-08-27: 0.47 over 3 years, with 0.37 over the last year and 0.56 over 5 years.
Is UHS a good diversifier for EHC?
Reasonably. At 0.47, EHC and UHS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.47 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/ehc-vs-uhs.json
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Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: EHC correlations · UHS correlations
