ACI vs UTZ: Correlation
Measured on weekly returns over the past three years, Albertsons Companies, Inc. (ACI) and Utz Brands Inc (UTZ) carry a correlation of -0.40, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACI and UTZ?
Over the past 3 years, ACI and UTZ moved with a correlation of -0.40, which is negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.55) runs below the 3-year figure (-0.40). Over 5 years the correlation is -0.22, and the annualized covariance of weekly returns is -718.5 %².
Within ACI's tracked universe of 23 assets, UTZ comes in at #15 by 3-year correlation. Correlation aside, the last 12 months split them widely, with UTZ ahead by 43.0 points (-34.7% versus +8.3%). One caveat on sizing: UTZ is 2.4 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.
ACI vs UTZ: side by side
| ACI (Albertsons Companies, Inc.) | UTZ (Utz Brands Inc) | |
|---|---|---|
| 1-year return | -34.7% | +8.3% |
| 5-year return | -36.3% | -16.7% |
| Volatility (ann.) | 26.9% | 65.9% |
| Beta vs S&P 500 | 0.08 | 0.07 |
| Max drawdown (3Y) | -49.1% | -63.8% |
| Market cap | $5.9B | $2.0B |
| P/E (trailing) | 76.4 | – |
| Dividend yield | 5.00% | 2.62% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ACI | UTZ |
|---|---|---|
| 2022 | -6.8% | +0.9% |
| 2023 | +13.4% | +3.9% |
| 2024 | -12.5% | -2.1% |
| 2025 | -10.0% | -32.3% |
| 2026 | -26.3% | +39.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACI and UTZ good diversifiers for each other?
By historical standards, yes. A correlation of -0.40 means the two rarely move for the same reasons.
FAQ
What is the correlation between ACI and UTZ?
Using weekly returns as of 2026-08-27: -0.40 over 3 years, with -0.55 over the last year and -0.22 over 5 years.
Is UTZ a good diversifier for ACI?
By historical standards, yes. A correlation of -0.40 means the two rarely move for the same reasons.
What does a correlation of -0.40 mean?
A reading of -0.40 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
$ curl https://www.pairbook.io/api/v1/pairs/aci-vs-utz.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/aci-vs-utz/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ACI correlations · UTZ correlations
