ENSG vs UHS: Correlation
The Ensign Group, Inc. (ENSG) and Universal Health Services (UHS) show a moderate relationship: their 3-year correlation of weekly returns is 0.42.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ENSG and UHS?
On 3 years of weekly data the ENSG/UHS correlation comes out at 0.42, moderate. Recent behaviour matches the longer record: 0.47 over 1 year against 0.42 over 3. The 5-year figure is 0.40, and annualized covariance runs at 310.5 %².
By 3-year correlation, UHS places #4 of the 12 assets tracked against ENSG. The trailing year gives ENSG the advantage: +0.9% versus -5.0%, a 5.9-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.
ENSG vs UHS: side by side
| ENSG (The Ensign Group, Inc.) | UHS (Universal Health Services) | |
|---|---|---|
| 1-year return | +0.9% | -5.0% |
| 5-year return | +115.6% | +13.5% |
| Volatility (ann.) | 23.8% | 31.1% |
| Beta vs S&P 500 | 0.22 | 0.60 |
| Max drawdown (3Y) | -31.8% | -42.0% |
| Market cap | $10.1B | $10.2B |
| P/E (trailing) | 28.4 | 7.3 |
| Dividend yield | 0.14% | 0.45% |
| Sector / category | US Listed | Health Care |
Year-by-year returns
| Year | ENSG | UHS |
|---|---|---|
| 2022 | +13.0% | +9.4% |
| 2023 | +18.9% | +8.8% |
| 2024 | +18.6% | +18.2% |
| 2025 | +31.3% | +22.0% |
| 2026 | -0.3% | -20.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ENSG and UHS good diversifiers for each other?
Reasonably. At 0.42, ENSG and UHS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between ENSG and UHS?
Using weekly returns as of 2026-08-27: 0.42 over 3 years, with 0.47 over the last year and 0.40 over 5 years.
Is UHS a good diversifier for ENSG?
Reasonably. At 0.42, ENSG and UHS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.42 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/ensg-vs-uhs.json
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Related comparisons
Hubs: ENSG correlations · UHS correlations
