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
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 500 | 1.42 | 1.17 |
| Max drawdown (3Y) | -37.0% | -37.3% |
| Market cap | $64.6B | $0.9B |
| P/E (trailing) | 25.4 | 24.1 |
| Dividend yield | 0.71% | 0.00% |
| Sector / category | Industrials | US Listed |
Year-by-year returns
| Year | URI | WRLD |
|---|---|---|
| 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
$ curl https://www.pairbook.io/api/v1/pairs/uri-vs-wrld.json
Drop this badge in a README or notebook; it updates with the data:
[](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