ERIE vs UUU: Correlation
Erie Indemnity (ERIE) and Universal Safety Products, Inc. (UUU) show a negative relationship: their 3-year correlation of weekly returns is -0.19.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ERIE and UUU?
Over the past 3 years, ERIE and UUU moved with a correlation of -0.19, which is negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.10) sits close to the 3-year figure. Over 5 years the correlation is -0.12, and the annualized covariance of weekly returns is -710.4 %².
Out of 33 assets tracked against ERIE, UUU lands near the bottom at #29. The last year tells two different stories: UUU led by 108.6 percentage points, -24.5% for ERIE against +84.1% for UUU. Risk is not evenly split, since UUU carries 4.1 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.
ERIE vs UUU: side by side
| ERIE (Erie Indemnity) | UUU (Universal Safety Products, Inc.) | |
|---|---|---|
| 1-year return | -24.5% | +84.1% |
| 5-year return | +61.3% | +5.9% |
| Volatility (ann.) | 30.3% | 122.8% |
| Beta vs S&P 500 | 0.37 | -0.54 |
| Max drawdown (3Y) | -60.9% | -77.3% |
| Market cap | $13.6B | – |
| P/E (trailing) | 23.4 | – |
| Dividend yield | 2.24% | 0.00% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | ERIE | UUU |
|---|---|---|
| 2022 | +32.0% | -40.3% |
| 2023 | +37.3% | -18.2% |
| 2024 | +24.7% | +42.8% |
| 2025 | -29.4% | +158.6% |
| 2026 | -8.0% | +2.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ERIE and UUU good diversifiers for each other?
By historical standards, yes. A correlation of -0.19 means the two rarely move for the same reasons.
FAQ
What is the correlation between ERIE and UUU?
As of 2026-08-27, the correlation of weekly returns between ERIE and UUU is -0.19 over 3 years, -0.10 over 1 year and -0.12 over 5 years.
Is UUU a good diversifier for ERIE?
By historical standards, yes. A correlation of -0.19 means the two rarely move for the same reasons.
What does a correlation of -0.19 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/erie-vs-uuu.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/erie-vs-uuu/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ERIE correlations · UUU correlations
