PACS vs TU: Correlation
PACS Group, Inc. (PACS) and Telus Corporation (TU) show a negative relationship: their 3-year correlation of weekly returns is -0.23.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PACS and TU?
On 3 years of weekly data the PACS/TU correlation comes out at -0.23, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.40) than the 3-year average (-0.23). The 5-year figure is n/a, and annualized covariance runs at -549.7 %².
By 3-year correlation, TU places #26 of the 35 assets tracked against PACS. The last year tells two different stories: PACS led by 311.0 percentage points, +273.0% for PACS against -38.0% for TU. One caveat on sizing: PACS is 5.9 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
PACS vs TU: side by side
| PACS (PACS Group, Inc.) | TU (Telus Corporation) | |
|---|---|---|
| 1-year return | +273.0% | -38.0% |
| 5-year return | n/a | -44.5% |
| Volatility (ann.) | 120.5% | 20.3% |
| Beta vs S&P 500 | 0.06 | 0.21 |
| Max drawdown (3Y) | -82.0% | -40.6% |
| Market cap | $7.0B | $15.4B |
| P/E (trailing) | 25.9 | – |
| Dividend yield | 0.00% | 17.24% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | PACS | TU |
|---|---|---|
| 2022 | – | -14.3% |
| 2023 | – | -2.4% |
| 2024 | – | -18.4% |
| 2025 | +192.8% | +0.7% |
| 2026 | +15.2% | -22.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PACS and TU good diversifiers for each other?
By historical standards, yes. A correlation of -0.23 means the two rarely move for the same reasons.
FAQ
What is the correlation between PACS and TU?
The PACS/TU correlation stands at -0.23 on a 3-year window (1 year: -0.40, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is TU a good diversifier for PACS?
By historical standards, yes. A correlation of -0.23 means the two rarely move for the same reasons.
What does a correlation of -0.23 mean?
On the −1 to +1 scale, -0.23 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/pacs-vs-tu.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/pacs-vs-tu/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: PACS correlations · TU correlations
