FCF vs UVV: Correlation
How closely do First Commonwealth Financial Corporation (FCF) and Universal Corporation (UVV) trade together? Their weekly returns over three years give a correlation of 0.50, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FCF and UVV?
Over the past 3 years, FCF and UVV moved with a correlation of 0.50, which is moderate. Little has changed lately, as the 1-year reading of 0.43 lands near the 3-year figure. Over 5 years the correlation is 0.45, and the annualized covariance of weekly returns is 366.4 %².
Among the 64 assets we track against FCF, UVV ranks #57 by 3-year correlation. The last year tells two different stories: FCF led by 31.9 percentage points, +20.3% for FCF against -11.6% for UVV.
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.
FCF vs UVV: side by side
| FCF (First Commonwealth Financial Corporation) | UVV (Universal Corporation) | |
|---|---|---|
| 1-year return | +20.3% | -11.6% |
| 5-year return | +83.7% | +25.0% |
| Volatility (ann.) | 26.9% | 27.0% |
| Beta vs S&P 500 | 0.72 | 0.23 |
| Max drawdown (3Y) | -26.9% | -29.7% |
| Market cap | $2.1B | $1.1B |
| P/E (trailing) | 12.7 | 61.3 |
| Dividend yield | 2.64% | 7.05% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FCF | UVV |
|---|---|---|
| 2022 | -10.3% | +1.8% |
| 2023 | +14.8% | +35.8% |
| 2024 | +13.4% | -13.4% |
| 2025 | +3.0% | +2.3% |
| 2026 | +26.0% | -8.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FCF and UVV good diversifiers for each other?
Only partially. A correlation of 0.50 means FCF and UVV 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 FCF and UVV?
As of 2026-08-27, the correlation of weekly returns between FCF and UVV is 0.50 over 3 years, 0.43 over 1 year and 0.45 over 5 years.
Is UVV a good diversifier for FCF?
Only partially. A correlation of 0.50 means FCF and UVV share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.50 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/fcf-vs-uvv.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/fcf-vs-uvv/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: FCF correlations · UVV correlations
