MHK vs UHS: Correlation
Mohawk Industries, Inc. (MHK) and Universal Health Services (UHS) show a moderate relationship: their 3-year correlation of weekly returns is 0.51.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MHK and UHS?
Over the past 3 years, MHK and UHS moved with a correlation of 0.51, which is moderate. Lately the two have drifted apart, with the 1-year correlation at 0.31 versus 0.51 over 3 years. Over 5 years the correlation is 0.46, and the annualized covariance of weekly returns is 618.3 %².
By 3-year correlation, UHS places #17 of the 27 assets tracked against MHK. Twelve-month performance is nearly a tie, at -1.8% for MHK and -5.0% for UHS.
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.
MHK vs UHS: side by side
| MHK (Mohawk Industries, Inc.) | UHS (Universal Health Services) | |
|---|---|---|
| 1-year return | -1.8% | -5.0% |
| 5-year return | -35.8% | +13.5% |
| Volatility (ann.) | 39.3% | 31.1% |
| Beta vs S&P 500 | 1.13 | 0.60 |
| Max drawdown (3Y) | -42.0% | -42.0% |
| Market cap | $8.8B | $10.2B |
| P/E (trailing) | 17.5 | 7.3 |
| Dividend yield | 0.00% | 0.45% |
| Sector / category | US Listed | Health Care |
Year-by-year returns
| Year | MHK | UHS |
|---|---|---|
| 2022 | -43.9% | +9.4% |
| 2023 | +1.3% | +8.8% |
| 2024 | +15.1% | +18.2% |
| 2025 | -8.3% | +22.0% |
| 2026 | +18.8% | -20.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MHK and UHS good diversifiers for each other?
To a limited degree. At 0.51 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between MHK and UHS?
The MHK/UHS correlation stands at 0.51 on a 3-year window (1 year: 0.31, 5 years: 0.46), computed from weekly returns as of 2026-08-27.
Is UHS a good diversifier for MHK?
To a limited degree. At 0.51 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.51 mean?
A reading of 0.51 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/mhk-vs-uhs.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/mhk-vs-uhs/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: MHK correlations · UHS correlations
