HBCP vs UVSP: Correlation
Home Bancorp, Inc. (HBCP) and Univest Financial Corporation (UVSP) show a very strong relationship: their 3-year correlation of weekly returns is 0.81.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HBCP and UVSP?
Across a 3-year window, the weekly returns of HBCP and UVSP correlate at 0.81, very strong, meaning they move nearly in lockstep. The relationship has been stable: the 1-year correlation (0.89) sits close to the 3-year figure. Stretching to 5 years gives 0.73, with an annualized covariance of 682.9 %².
By 3-year correlation, UVSP places #5 of the 16 assets tracked against HBCP. Over the last 12 months UVSP came out ahead by 9.1 percentage points (+24.9% against +34.0%).
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.
HBCP vs UVSP: side by side
| HBCP (Home Bancorp, Inc.) | UVSP (Univest Financial Corporation) | |
|---|---|---|
| 1-year return | +24.9% | +34.0% |
| 5-year return | +110.9% | +81.7% |
| Volatility (ann.) | 28.6% | 29.4% |
| Beta vs S&P 500 | 0.82 | 0.81 |
| Max drawdown (3Y) | -21.7% | -20.9% |
| Market cap | $0.5B | $1.1B |
| P/E (trailing) | 11.6 | 12.0 |
| Dividend yield | 1.76% | 2.16% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | HBCP | UVSP |
|---|---|---|
| 2022 | -1.2% | -9.9% |
| 2023 | +8.0% | -12.1% |
| 2024 | +12.7% | +38.8% |
| 2025 | +27.9% | +14.3% |
| 2026 | +21.9% | +29.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HBCP and UVSP good diversifiers for each other?
Not really. At 0.81, the two trade almost as one position, and owning both buys little extra protection.
FAQ
What is the correlation between HBCP and UVSP?
As of 2026-08-27, the correlation of weekly returns between HBCP and UVSP is 0.81 over 3 years, 0.89 over 1 year and 0.73 over 5 years.
Is UVSP a good diversifier for HBCP?
Not really. At 0.81, the two trade almost as one position, and owning both buys little extra protection.
What does a correlation of 0.81 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/hbcp-vs-uvsp.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/hbcp-vs-uvsp/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: HBCP correlations · UVSP correlations
