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URI vs WRLD: Correlation

Measured on weekly returns over the past three years, United Rentals (URI) and World Acceptance Corporation (WRLD) carry a correlation of 0.54, a moderate link.

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

Correlation (3Y)
0.54
moderate
Correlation (1Y)
0.49
last 12 months
Correlation (5Y)
0.45
long-run
Ann. covariance
900.5
%² · weekly, annualized

How correlated are URI and WRLD?

Over the past 3 years, URI and WRLD moved with a correlation of 0.54, which is moderate. Recent behaviour matches the longer record: 0.49 over 1 year against 0.54 over 3. Over 5 years the correlation is 0.45, and the annualized covariance of weekly returns is 900.5 %².

Within URI's tracked universe of 37 assets, WRLD comes in at #20 by 3-year correlation. Twelve-month performance is nearly a tie, at +10.2% for URI and +10.3% for WRLD.

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.

URI vs WRLD: side by side

URI (United Rentals)WRLD (World Acceptance Corporation)
1-year return+10.2%+10.3%
5-year return+204.1%+0.7%
Volatility (ann.)39.5%42.1%
Beta vs S&P 5001.421.17
Max drawdown (3Y)-37.0%-37.3%
Market cap$64.6B$0.9B
P/E (trailing)25.424.1
Dividend yield0.71%0.00%
Sector / categoryIndustrialsUS Listed
Lower P/E: WRLD 24.1 vs 25.4Higher yield: URI 0.71% vs 0.00%Smaller drawdown: URI -37.0% vs -37.3%Higher 5y return: URI +204.1% vs +0.7%
-30%0%+24%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. URI · WRLD

Year-by-year returns

YearURIWRLD
2022+7.0%-73.1%
2023+63.6%+98.0%
2024+24.0%-13.9%
2025+15.9%+24.9%
2026+29.0%+35.4%

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

Are URI and WRLD good diversifiers for each other?

Only partially. A correlation of 0.54 means URI and WRLD share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.

FAQ

What is the correlation between URI and WRLD?

As of 2026-08-27, the correlation of weekly returns between URI and WRLD is 0.54 over 3 years, 0.49 over 1 year and 0.45 over 5 years.

Is WRLD a good diversifier for URI?

Only partially. A correlation of 0.54 means URI and WRLD share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.

What does a correlation of 0.54 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

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

URI vs WRLD: 3-year weekly correlation 0.54URI vs WRLD0.54

Drop this badge in a README or notebook; it updates with the data:

[![URI vs WRLD correlation](https://www.pairbook.io/api/v1/badge/uri-vs-wrld.svg)](https://www.pairbook.io/pair/uri-vs-wrld/)

No key needed, free to use. Full endpoint list in the API documentation.

Related comparisons

Hubs: URI correlations · WRLD correlations