TFC vs USAR: Correlation
Truist Financial (TFC) and USA Rare Earth, Inc. (USAR) show a negative relationship: their 3-year correlation of weekly returns is -0.17.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are TFC and USAR?
Over the past 3 years, TFC and USAR moved with a correlation of -0.17, which is negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.16 over 1 year against -0.17 over 3. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -473.6 %².
By 3-year correlation, USAR places #34 of the 39 assets tracked against TFC. Over the last 12 months USAR came out ahead by 10.6 percentage points (+12.1% against +22.7%). One caveat on sizing: USAR is 3.5 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.
TFC vs USAR: side by side
| TFC (Truist Financial) | USAR (USA Rare Earth, Inc.) | |
|---|---|---|
| 1-year return | +12.1% | +22.7% |
| 5-year return | +12.7% | n/a |
| Volatility (ann.) | 28.0% | 98.3% |
| Beta vs S&P 500 | 1.07 | -0.14 |
| Max drawdown (3Y) | -26.9% | -69.2% |
| Market cap | $61.4B | $4.7B |
| P/E (trailing) | 11.6 | – |
| Dividend yield | 4.10% | 0.00% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | TFC | USAR |
|---|---|---|
| 2022 | -23.5% | – |
| 2023 | -8.6% | – |
| 2024 | +23.7% | +11.1% |
| 2025 | +19.0% | +3.7% |
| 2026 | +5.4% | +61.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are TFC and USAR good diversifiers for each other?
Yes: at -0.17, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between TFC and USAR?
The TFC/USAR correlation stands at -0.17 on a 3-year window (1 year: -0.16, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is USAR a good diversifier for TFC?
Yes: at -0.17, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.17 mean?
A reading of -0.17 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/tfc-vs-usar.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/tfc-vs-usar/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: TFC correlations · USAR correlations
