LCII vs UHS: Correlation
LCI Industries (LCII) and Universal Health Services (UHS) show a moderate relationship: their 3-year correlation of weekly returns is 0.44.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LCII and UHS?
On 3 years of weekly data the LCII/UHS correlation comes out at 0.44, moderate. Recent behaviour matches the longer record: 0.38 over 1 year against 0.44 over 3. The 5-year figure is 0.42, and annualized covariance runs at 466.1 %².
Within LCII's tracked universe of 11 assets, UHS comes in at #6 by 3-year correlation. Neither side won the trailing year by much: -0.3% against -5.0%.
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.
LCII vs UHS: side by side
| LCII (LCI Industries) | UHS (Universal Health Services) | |
|---|---|---|
| 1-year return | -0.3% | -5.0% |
| 5-year return | -12.8% | +13.5% |
| Volatility (ann.) | 34.4% | 31.1% |
| Beta vs S&P 500 | 0.95 | 0.60 |
| Max drawdown (3Y) | -41.8% | -42.0% |
| Market cap | $2.5B | $10.2B |
| P/E (trailing) | 11.9 | 7.3 |
| Dividend yield | 4.47% | 0.45% |
| Sector / category | US Listed | Health Care |
Year-by-year returns
| Year | LCII | UHS |
|---|---|---|
| 2022 | -38.5% | +9.4% |
| 2023 | +41.1% | +8.8% |
| 2024 | -14.6% | +18.2% |
| 2025 | +22.8% | +22.0% |
| 2026 | -13.1% | -20.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LCII and UHS good diversifiers for each other?
A fair diversifier. At 0.44, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between LCII and UHS?
The LCII/UHS correlation stands at 0.44 on a 3-year window (1 year: 0.38, 5 years: 0.42), computed from weekly returns as of 2026-08-27.
Is UHS a good diversifier for LCII?
A fair diversifier. At 0.44, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.44 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/lcii-vs-uhs.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/lcii-vs-uhs/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: LCII correlations · UHS correlations
