TRMK vs UVSP: Correlation
Trustmark Corporation (TRMK) and Univest Financial Corporation (UVSP) show a very strong relationship: their 3-year correlation of weekly returns is 0.88.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are TRMK and UVSP?
Across a 3-year window, the weekly returns of TRMK and UVSP correlate at 0.88, very strong, meaning they move nearly in lockstep. The relationship has been stable: the 1-year correlation (0.83) sits close to the 3-year figure. Stretching to 5 years gives 0.79, with an annualized covariance of 697.8 %².
By 3-year correlation, UVSP places #5 of the 21 assets tracked against TRMK. The last year tells two different stories: UVSP led by 17.5 percentage points, +16.5% for TRMK against +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.
TRMK vs UVSP: side by side
| TRMK (Trustmark Corporation) | UVSP (Univest Financial Corporation) | |
|---|---|---|
| 1-year return | +16.5% | +34.0% |
| 5-year return | +69.7% | +81.7% |
| Volatility (ann.) | 27.0% | 29.4% |
| Beta vs S&P 500 | 0.91 | 0.81 |
| Max drawdown (3Y) | -22.0% | -20.9% |
| Market cap | $2.7B | $1.1B |
| P/E (trailing) | 11.8 | 12.0 |
| Dividend yield | 2.12% | 2.16% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | TRMK | UVSP |
|---|---|---|
| 2022 | +10.7% | -9.9% |
| 2023 | -17.0% | -12.1% |
| 2024 | +30.6% | +38.8% |
| 2025 | +13.0% | +14.3% |
| 2026 | +20.0% | +29.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are TRMK and UVSP good diversifiers for each other?
No: a correlation of 0.88 means TRMK and UVSP tend to fall together, which is precisely when diversification is supposed to help.
FAQ
What is the correlation between TRMK and UVSP?
Using weekly returns as of 2026-08-27: 0.88 over 3 years, with 0.83 over the last year and 0.79 over 5 years.
Is UVSP a good diversifier for TRMK?
No: a correlation of 0.88 means TRMK and UVSP tend to fall together, which is precisely when diversification is supposed to help.
What does a correlation of 0.88 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/trmk-vs-uvsp.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/trmk-vs-uvsp/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: TRMK correlations · UVSP correlations
