ACDC vs UZX: Correlation
How closely do ProFrac Holding Corp. (ACDC) and Linkage Global Inc - Class A (UZX) trade together? Their weekly returns over three years give a correlation of -0.21, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACDC and UZX?
On 3 years of weekly data the ACDC/UZX correlation comes out at -0.21, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.47) runs below the 3-year figure (-0.21). The 5-year figure is n/a, and annualized covariance runs at -2388.2 %².
UZX is close to the least connected end of ACDC's tracked universe, ranking #10 of 12. The last year tells two different stories: ACDC led by 121.3 percentage points, +26.7% for ACDC against -94.6% for UZX. One caveat on sizing: UZX is 1.7 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.
ACDC vs UZX: side by side
| ACDC (ProFrac Holding Corp.) | UZX (Linkage Global Inc - Class A) | |
|---|---|---|
| 1-year return | +26.7% | -94.6% |
| 5-year return | -71.0% | n/a |
| Volatility (ann.) | 79.9% | 137.7% |
| Beta vs S&P 500 | 1.30 | 0.09 |
| Max drawdown (3Y) | -73.1% | -99.8% |
| Market cap | $1.0B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ACDC | UZX |
|---|---|---|
| 2023 | -66.3% | – |
| 2024 | -8.5% | -71.7% |
| 2025 | -49.9% | -58.8% |
| 2026 | +35.2% | -93.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACDC and UZX good diversifiers for each other?
Yes: at -0.21, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between ACDC and UZX?
Using weekly returns as of 2026-08-27: -0.21 over 3 years, with -0.47 over the last year and n/a over 5 years.
Is UZX a good diversifier for ACDC?
Yes: at -0.21, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.21 mean?
On the −1 to +1 scale, -0.21 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/acdc-vs-uzx.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/acdc-vs-uzx/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ACDC correlations · UZX correlations
