PNR vs UHS: Correlation
Pentair (PNR) and Universal Health Services (UHS) show a moderate relationship: their 3-year correlation of weekly returns is 0.45.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PNR and UHS?
On 3 years of weekly data the PNR/UHS correlation comes out at 0.45, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.32 versus 0.45 over 3 years. The 5-year figure is 0.45, and annualized covariance runs at 396.0 %².
Among the 38 assets we track against PNR, UHS ranks #25 by 3-year correlation. The last year tells two different stories: UHS led by 37.5 percentage points, -42.5% for PNR against -5.0% for UHS. On a rolling one-year basis the correlation drifted between 0.31 and 0.70, a moderate band.
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.
PNR vs UHS: side by side
| PNR (Pentair) | UHS (Universal Health Services) | |
|---|---|---|
| 1-year return | -42.5% | -5.0% |
| 5-year return | -14.1% | +13.5% |
| Volatility (ann.) | 28.2% | 31.1% |
| Beta vs S&P 500 | 1.07 | 0.60 |
| Max drawdown (3Y) | -45.0% | -42.0% |
| Market cap | $9.9B | $10.2B |
| P/E (trailing) | 16.2 | 7.3 |
| Dividend yield | 1.65% | 0.45% |
| Sector / category | Industrials | Health Care |
Year-by-year returns
| Year | PNR | UHS |
|---|---|---|
| 2022 | -37.4% | +9.4% |
| 2023 | +64.2% | +8.8% |
| 2024 | +40.0% | +18.2% |
| 2025 | +4.5% | +22.0% |
| 2026 | -39.8% | -20.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PNR and UHS good diversifiers for each other?
Reasonably. At 0.45, PNR and UHS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between PNR and UHS?
Using weekly returns as of 2026-08-27: 0.45 over 3 years, with 0.32 over the last year and 0.45 over 5 years.
Is UHS a good diversifier for PNR?
Reasonably. At 0.45, PNR and UHS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.45 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/pnr-vs-uhs.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/pnr-vs-uhs/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: PNR correlations · UHS correlations
