AKA vs SGU: Correlation
How closely do a.k.a. Brands Holding Corp. (AKA) and Star Group L.P. (SGU) trade together? Their weekly returns over three years give a correlation of 0.31, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AKA and SGU?
Across a 3-year window, the weekly returns of AKA and SGU correlate at 0.31, moderate. The link has loosened recently: the 1-year correlation (0.18) runs below the 3-year figure (0.31). Stretching to 5 years gives 0.21, with an annualized covariance of 771.0 %².
By 3-year correlation, SGU places #6 of the 11 assets tracked against AKA. The last year tells two different stories: SGU led by 20.9 percentage points, -6.3% for AKA against +14.6% for SGU. One caveat on sizing: AKA is 4.8 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.
AKA vs SGU: side by side
| AKA (a.k.a. Brands Holding Corp.) | SGU (Star Group L.P.) | |
|---|---|---|
| 1-year return | -6.3% | +14.6% |
| 5-year return | -91.2% | +58.3% |
| Volatility (ann.) | 108.8% | 22.6% |
| Beta vs S&P 500 | 1.32 | 0.18 |
| Max drawdown (3Y) | -76.3% | -27.1% |
| Market cap | $0.1B | $0.4B |
| P/E (trailing) | – | 5.6 |
| Dividend yield | 0.00% | 6.09% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AKA | SGU |
|---|---|---|
| 2022 | -86.3% | +18.9% |
| 2023 | -47.2% | +0.7% |
| 2024 | +132.5% | +6.3% |
| 2025 | -42.8% | +9.0% |
| 2026 | -1.3% | +11.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AKA and SGU good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.31 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between AKA and SGU?
Using weekly returns as of 2026-08-27: 0.31 over 3 years, with 0.18 over the last year and 0.21 over 5 years.
Is SGU a good diversifier for AKA?
Yes, to a useful degree: a correlation of 0.31 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.31 mean?
A reading of 0.31 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/aka-vs-sgu.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/aka-vs-sgu/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AKA correlations · SGU correlations
