SIRI vs USB: Correlation
SiriusXM Holdings Inc. (SIRI) and U.S. Bancorp (USB) show a moderate relationship: their 3-year correlation of weekly returns is 0.49.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SIRI and USB?
On 3 years of weekly data the SIRI/USB correlation comes out at 0.49, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.28 versus 0.49 over 3 years. The 5-year figure is 0.45, and annualized covariance runs at 629.1 %².
USB is one of the assets that tracks SIRI most closely: it ranks #2 out of the 11 assets we track against SIRI. On 12-month performance USB holds a 7.2-point edge, +25.9% against +33.1%. One caveat on sizing: SIRI is 1.7 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.
SIRI vs USB: side by side
| SIRI (SiriusXM Holdings Inc.) | USB (U.S. Bancorp) | |
|---|---|---|
| 1-year return | +25.9% | +33.1% |
| 5-year return | -45.1% | +36.0% |
| Volatility (ann.) | 46.6% | 27.3% |
| Beta vs S&P 500 | 1.30 | 1.09 |
| Max drawdown (3Y) | -64.5% | -30.6% |
| Market cap | $9.6B | $97.2B |
| P/E (trailing) | 11.4 | 12.5 |
| Dividend yield | 3.79% | 3.31% |
| Sector / category | US Listed | Financials |
Year-by-year returns
| Year | SIRI | USB |
|---|---|---|
| 2022 | -3.2% | -19.1% |
| 2023 | -4.3% | +4.8% |
| 2024 | -56.9% | +15.6% |
| 2025 | -8.0% | +16.5% |
| 2026 | +47.1% | +19.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SIRI and USB good diversifiers for each other?
Reasonably. At 0.49, SIRI and USB keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between SIRI and USB?
Using weekly returns as of 2026-08-27: 0.49 over 3 years, with 0.28 over the last year and 0.45 over 5 years.
Is USB a good diversifier for SIRI?
Reasonably. At 0.49, SIRI and USB keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.49 mean?
On the −1 to +1 scale, 0.49 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/siri-vs-usb.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/siri-vs-usb/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: SIRI correlations · USB correlations
