RFAI vs USB: Correlation
Measured on weekly returns over the past three years, RF Acquisition Corp II (RFAI) and U.S. Bancorp (USB) 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 RFAI and USB?
Across a 3-year window, the weekly returns of RFAI and USB correlate at -0.15, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.26) than the 3-year average (-0.15). Stretching to 5 years gives n/a, with an annualized covariance of -1126.7 %².
Among the 65 assets we track against RFAI, USB ranks #22 by 3-year correlation. The last year tells two different stories: RFAI led by 356.4 percentage points, +389.5% for RFAI against +33.1% for USB. Risk is not evenly split, since RFAI carries 10.6 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.
RFAI vs USB: side by side
| RFAI (RF Acquisition Corp II) | USB (U.S. Bancorp) | |
|---|---|---|
| 1-year return | +389.5% | +33.1% |
| 5-year return | n/a | +36.0% |
| Volatility (ann.) | 288.3% | 27.3% |
| Beta vs S&P 500 | -1.62 | 1.09 |
| Max drawdown (3Y) | -16.5% | -30.6% |
| Market cap | $0.4B | $97.2B |
| P/E (trailing) | 399.9 | 12.5 |
| Dividend yield | 0.00% | 3.31% |
| Sector / category | US Listed | Financials |
Year-by-year returns
| Year | RFAI | USB |
|---|---|---|
| 2022 | – | -19.1% |
| 2023 | – | +4.8% |
| 2024 | – | +15.6% |
| 2025 | +5.2% | +16.5% |
| 2026 | +383.6% | +19.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RFAI and USB good diversifiers for each other?
Yes. With a correlation of -0.15, RFAI and USB have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between RFAI and USB?
As of 2026-08-27, the correlation of weekly returns between RFAI and USB is -0.15 over 3 years, -0.26 over 1 year and n/a over 5 years.
Is USB a good diversifier for RFAI?
Yes. With a correlation of -0.15, RFAI and USB have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
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/rfai-vs-usb.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/rfai-vs-usb/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: RFAI correlations · USB correlations
