AIZ vs UZX: Correlation
Assurant (AIZ) and Linkage Global Inc - Class A (UZX) show a negative relationship: their 3-year correlation of weekly returns is -0.20.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AIZ and UZX?
Across a 3-year window, the weekly returns of AIZ and UZX correlate at -0.20, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.29 lands near the 3-year figure. Stretching to 5 years gives n/a, with an annualized covariance of -576.6 %².
UZX is close to the least connected end of AIZ's tracked universe, ranking #31 of 34. Correlation aside, the last 12 months split them widely, with AIZ ahead by 128.7 points (+34.1% versus -94.6%). One caveat on sizing: UZX is 6.4 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.
AIZ vs UZX: side by side
| AIZ (Assurant) | UZX (Linkage Global Inc - Class A) | |
|---|---|---|
| 1-year return | +34.1% | -94.6% |
| 5-year return | +83.5% | n/a |
| Volatility (ann.) | 21.5% | 137.7% |
| Beta vs S&P 500 | 0.60 | 0.09 |
| Max drawdown (3Y) | -20.8% | -99.8% |
| Market cap | $14.1B | – |
| P/E (trailing) | 13.8 | – |
| Dividend yield | 1.19% | 0.00% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | AIZ | UZX |
|---|---|---|
| 2022 | -18.3% | – |
| 2023 | +37.5% | – |
| 2024 | +28.5% | -71.7% |
| 2025 | +14.7% | -58.8% |
| 2026 | +19.4% | -93.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AIZ and UZX good diversifiers for each other?
By historical standards, yes. A correlation of -0.20 means the two rarely move for the same reasons.
FAQ
What is the correlation between AIZ and UZX?
Using weekly returns as of 2026-08-27: -0.20 over 3 years, with -0.29 over the last year and n/a over 5 years.
Is UZX a good diversifier for AIZ?
By historical standards, yes. A correlation of -0.20 means the two rarely move for the same reasons.
What does a correlation of -0.20 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/aiz-vs-uzx.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/aiz-vs-uzx/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AIZ correlations · UZX correlations
