TBBB vs USB: Correlation
BBB Foods Inc. Class A (TBBB) and U.S. Bancorp (USB) show a moderate relationship: their 3-year correlation of weekly returns is 0.41.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are TBBB and USB?
Over the past 3 years, TBBB and USB moved with a correlation of 0.41, which is moderate. Recent behaviour matches the longer record: 0.47 over 1 year against 0.41 over 3. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 425.6 %².
By 3-year correlation, USB places #5 of the 16 assets tracked against TBBB. Correlation aside, the last 12 months split them widely, with TBBB ahead by 52.8 points (+85.9% versus +33.1%). One caveat on sizing: TBBB is 1.5 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.
TBBB vs USB: side by side
| TBBB (BBB Foods Inc. Class A) | USB (U.S. Bancorp) | |
|---|---|---|
| 1-year return | +85.9% | +33.1% |
| 5-year return | n/a | +36.0% |
| Volatility (ann.) | 41.8% | 27.3% |
| Beta vs S&P 500 | 0.96 | 1.09 |
| Max drawdown (3Y) | -29.6% | -30.6% |
| Market cap | $5.9B | $97.2B |
| P/E (trailing) | – | 12.5 |
| Dividend yield | 0.00% | 3.31% |
| Sector / category | US Listed | Financials |
Year-by-year returns
| Year | TBBB | USB |
|---|---|---|
| 2022 | – | -19.1% |
| 2023 | – | +4.8% |
| 2024 | – | +15.6% |
| 2025 | +18.1% | +16.5% |
| 2026 | +45.9% | +19.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are TBBB and USB good diversifiers for each other?
A fair diversifier. At 0.41, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between TBBB and USB?
The TBBB/USB correlation stands at 0.41 on a 3-year window (1 year: 0.47, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is USB a good diversifier for TBBB?
A fair diversifier. At 0.41, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.41 mean?
On the −1 to +1 scale, 0.41 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/tbbb-vs-usb.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/tbbb-vs-usb/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: TBBB correlations · USB correlations
