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TULP vs UNH: Correlation

How closely do Bloomia Holdings, Inc. (TULP) and UnitedHealth Group (UNH) trade together? Their weekly returns over three years give a correlation of -0.29, which is negative.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
-0.29
negative
Correlation (1Y)
-0.50
last 12 months
Correlation (5Y)
0.01
long-run
Ann. covariance
-616.3
%² · weekly, annualized

How correlated are TULP and UNH?

Over the past 3 years, TULP and UNH moved with a correlation of -0.29, which is negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.50) than the 3-year average (-0.29). Over 5 years the correlation is 0.01, and the annualized covariance of weekly returns is -616.3 %².

Out of 16 assets tracked against TULP, UNH lands near the bottom at #15. Correlation aside, the last 12 months split them widely, with UNH ahead by 73.9 points (-40.4% versus +33.5%).

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.

TULP vs UNH: side by side

TULP (Bloomia Holdings, Inc.)UNH (UnitedHealth Group)
1-year return-40.4%+33.5%
5-year return-59.8%+3.1%
Volatility (ann.)52.9%39.8%
Beta vs S&P 5000.080.17
Max drawdown (3Y)-53.2%-61.4%
Market cap$354.6B
P/E (trailing)25.8
Dividend yield0.00%2.23%
Sector / categoryUS ListedHealth Care
Higher yield: UNH 2.23% vs 0.00%Smaller drawdown: TULP -53.2% vs -61.4%Higher 5y return: UNH +3.1% vs -59.8%
-43%0%+39%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. TULP · UNH

Year-by-year returns

YearTULPUNH
2022-66.2%+6.9%
2023-41.0%+0.8%
2024+5.2%-2.4%
2025-28.9%-33.1%
2026-1.4%+21.3%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are TULP and UNH good diversifiers for each other?

Yes: at -0.29, the two have gone their own ways historically, which is what genuine diversification looks like.

FAQ

What is the correlation between TULP and UNH?

Using weekly returns as of 2026-08-27: -0.29 over 3 years, with -0.50 over the last year and 0.01 over 5 years.

Is UNH a good diversifier for TULP?

Yes: at -0.29, the two have gone their own ways historically, which is what genuine diversification looks like.

What does a correlation of -0.29 mean?

A reading of -0.29 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/tulp-vs-unh.json

TULP vs UNH: 3-year weekly correlation -0.29TULP vs UNH-0.29

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Related comparisons

Hubs: TULP correlations · UNH correlations