MCB vs UVSP: Correlation
Metropolitan Bank Holding Corp. (MCB) and Univest Financial Corporation (UVSP) show a very strong relationship: their 3-year correlation of weekly returns is 0.80.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MCB and UVSP?
Across a 3-year window, the weekly returns of MCB and UVSP correlate at 0.80, very strong, meaning they move nearly in lockstep. Lately the two have drifted apart, with the 1-year correlation at 0.63 versus 0.80 over 3 years. Stretching to 5 years gives 0.74, with an annualized covariance of 1025.9 %².
Few assets follow MCB as closely as UVSP, which ranks #3 of 10 tracked partners. Their recent paths diverged sharply: over the last 12 months UVSP outperformed by 16.5 percentage points (+17.5% for MCB against +34.0% for UVSP).
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.
MCB vs UVSP: side by side
| MCB (Metropolitan Bank Holding Corp.) | UVSP (Univest Financial Corporation) | |
|---|---|---|
| 1-year return | +17.5% | +34.0% |
| 5-year return | +20.3% | +81.7% |
| Volatility (ann.) | 43.5% | 29.4% |
| Beta vs S&P 500 | 0.94 | 0.81 |
| Max drawdown (3Y) | -42.3% | -20.9% |
| Market cap | $1.1B | $1.1B |
| P/E (trailing) | 11.7 | 12.0 |
| Dividend yield | 0.82% | 2.16% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MCB | UVSP |
|---|---|---|
| 2022 | -44.9% | -9.9% |
| 2023 | -5.6% | -12.1% |
| 2024 | +5.5% | +38.8% |
| 2025 | +31.3% | +14.3% |
| 2026 | +21.1% | +29.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MCB and UVSP good diversifiers for each other?
Not really. At 0.80, the two trade almost as one position, and owning both buys little extra protection.
FAQ
What is the correlation between MCB and UVSP?
The MCB/UVSP correlation stands at 0.80 on a 3-year window (1 year: 0.63, 5 years: 0.74), computed from weekly returns as of 2026-08-27.
Is UVSP a good diversifier for MCB?
Not really. At 0.80, the two trade almost as one position, and owning both buys little extra protection.
What does a correlation of 0.80 mean?
A reading of 0.80 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/mcb-vs-uvsp.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/mcb-vs-uvsp/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: MCB correlations · UVSP correlations
