RBB vs UVSP: Correlation
How closely do RBB Bancorp (RBB) and Univest Financial Corporation (UVSP) trade together? Their weekly returns over three years give a correlation of 0.80, which is very strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RBB and UVSP?
Across a 3-year window, the weekly returns of RBB and UVSP correlate at 0.80, very strong, meaning they move nearly in lockstep. Recent behaviour matches the longer record: 0.83 over 1 year against 0.80 over 3. Stretching to 5 years gives 0.74, with an annualized covariance of 759.1 %².
By 3-year correlation, UVSP places #4 of the 15 assets tracked against RBB. Twelve-month performance is nearly a tie, at +31.8% for RBB and +34.0% for UVSP.
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.
RBB vs UVSP: side by side
| RBB (RBB Bancorp) | UVSP (Univest Financial Corporation) | |
|---|---|---|
| 1-year return | +31.8% | +34.0% |
| 5-year return | +22.2% | +81.7% |
| Volatility (ann.) | 32.4% | 29.4% |
| Beta vs S&P 500 | 0.96 | 0.81 |
| Max drawdown (3Y) | -39.2% | -20.9% |
| Market cap | $0.4B | $1.1B |
| P/E (trailing) | 10.8 | 12.0 |
| Dividend yield | 2.43% | 2.16% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | RBB | UVSP |
|---|---|---|
| 2022 | -18.5% | -9.9% |
| 2023 | -4.4% | -12.1% |
| 2024 | +11.0% | +38.8% |
| 2025 | +4.4% | +14.3% |
| 2026 | +29.8% | +29.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RBB and UVSP good diversifiers for each other?
No: a correlation of 0.80 means RBB and UVSP tend to fall together, which is precisely when diversification is supposed to help.
FAQ
What is the correlation between RBB and UVSP?
The RBB/UVSP correlation stands at 0.80 on a 3-year window (1 year: 0.83, 5 years: 0.74), computed from weekly returns as of 2026-08-27.
Is UVSP a good diversifier for RBB?
No: a correlation of 0.80 means RBB and UVSP tend to fall together, which is precisely when diversification is supposed to help.
What does a correlation of 0.80 mean?
A reading of 0.80 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/rbb-vs-uvsp.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/rbb-vs-uvsp/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: RBB correlations · UVSP correlations
