PRG vs UPBD: Correlation
Measured on weekly returns over the past three years, PROG Holdings, Inc. (PRG) and Upbound Group, Inc. (UPBD) carry a correlation of 0.68, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PRG and UPBD?
On 3 years of weekly data the PRG/UPBD correlation comes out at 0.68, strong. Recent behaviour matches the longer record: 0.75 over 1 year against 0.68 over 3. The 5-year figure is 0.67, and annualized covariance runs at 1320.5 %².
In PRG's tracked universe of 12 assets, UPBD sits right near the top at #1. Their recent paths diverged sharply: over the last 12 months PRG outperformed by 33.7 percentage points (+13.9% for PRG against -19.8% for UPBD).
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.
PRG vs UPBD: side by side
| PRG (PROG Holdings, Inc.) | UPBD (Upbound Group, Inc.) | |
|---|---|---|
| 1-year return | +13.9% | -19.8% |
| 5-year return | -13.8% | -60.7% |
| Volatility (ann.) | 46.7% | 41.4% |
| Beta vs S&P 500 | 1.07 | 1.23 |
| Max drawdown (3Y) | -51.9% | -54.2% |
| Market cap | $1.6B | $1.1B |
| P/E (trailing) | 12.8 | 12.6 |
| Dividend yield | 1.36% | 8.02% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | PRG | UPBD |
|---|---|---|
| 2022 | -62.6% | -49.9% |
| 2023 | +83.0% | +57.9% |
| 2024 | +38.4% | -10.1% |
| 2025 | -29.0% | -35.4% |
| 2026 | +36.1% | +14.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PRG and UPBD good diversifiers for each other?
To a limited degree. At 0.68 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 PRG and UPBD?
As of 2026-08-27, the correlation of weekly returns between PRG and UPBD is 0.68 over 3 years, 0.75 over 1 year and 0.67 over 5 years.
Is UPBD a good diversifier for PRG?
To a limited degree. At 0.68 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 0.68 mean?
On the −1 to +1 scale, 0.68 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/prg-vs-upbd.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/prg-vs-upbd/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: PRG correlations · UPBD correlations
