NTRS vs UUU: Correlation
Measured on weekly returns over the past three years, Northern Trust (NTRS) and Universal Safety Products, Inc. (UUU) carry a correlation of -0.15, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are NTRS and UUU?
Over the past 3 years, NTRS and UUU moved with a correlation of -0.15, which is negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.25 lands near the 3-year figure. Over 5 years the correlation is -0.04, and the annualized covariance of weekly returns is -439.1 %².
By 3-year correlation, UUU places #27 of the 33 assets tracked against NTRS. Their recent paths diverged sharply: over the last 12 months UUU outperformed by 39.3 percentage points (+44.8% for NTRS against +84.1% for UUU). Risk is not evenly split, since UUU carries 5.2 times the volatility of the other side.
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.
NTRS vs UUU: side by side
| NTRS (Northern Trust) | UUU (Universal Safety Products, Inc.) | |
|---|---|---|
| 1-year return | +44.8% | +84.1% |
| 5-year return | +83.2% | +5.9% |
| Volatility (ann.) | 23.7% | 122.8% |
| Beta vs S&P 500 | 1.08 | -0.54 |
| Max drawdown (3Y) | -25.2% | -77.3% |
| Market cap | $34.1B | – |
| P/E (trailing) | 16.1 | – |
| Dividend yield | 1.71% | 0.00% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | NTRS | UUU |
|---|---|---|
| 2022 | -23.8% | -40.3% |
| 2023 | -1.0% | -18.2% |
| 2024 | +25.6% | +42.8% |
| 2025 | +36.9% | +158.6% |
| 2026 | +37.8% | +2.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are NTRS and UUU good diversifiers for each other?
Yes: at -0.15, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between NTRS and UUU?
The NTRS/UUU correlation stands at -0.15 on a 3-year window (1 year: -0.25, 5 years: -0.04), computed from weekly returns as of 2026-08-27.
Is UUU a good diversifier for NTRS?
Yes: at -0.15, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.15 mean?
A reading of -0.15 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/ntrs-vs-uuu.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/ntrs-vs-uuu/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: NTRS correlations · UUU correlations
