AMP vs UZX: Correlation
Measured on weekly returns over the past three years, Ameriprise Financial (AMP) and Linkage Global Inc - Class A (UZX) carry a correlation of -0.25, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AMP and UZX?
On 3 years of weekly data the AMP/UZX correlation comes out at -0.25, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.31 lands near the 3-year figure. The 5-year figure is n/a, and annualized covariance runs at -875.4 %².
Out of 34 assets tracked against AMP, UZX lands near the bottom at #31. Correlation aside, the last 12 months split them widely, with AMP ahead by 103.3 points (+8.7% versus -94.6%). Note the risk asymmetry: UZX runs 5.5 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
AMP vs UZX: side by side
| AMP (Ameriprise Financial) | UZX (Linkage Global Inc - Class A) | |
|---|---|---|
| 1-year return | +8.7% | -94.6% |
| 5-year return | +119.2% | n/a |
| Volatility (ann.) | 25.0% | 137.7% |
| Beta vs S&P 500 | 1.09 | 0.09 |
| Max drawdown (3Y) | -26.4% | -99.8% |
| Market cap | $49.1B | – |
| P/E (trailing) | 13.5 | – |
| Dividend yield | 1.16% | 0.00% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | AMP | UZX |
|---|---|---|
| 2022 | +5.0% | – |
| 2023 | +24.0% | – |
| 2024 | +42.1% | -71.7% |
| 2025 | -6.7% | -58.8% |
| 2026 | +14.5% | -93.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AMP and UZX good diversifiers for each other?
By historical standards, yes. A correlation of -0.25 means the two rarely move for the same reasons.
FAQ
What is the correlation between AMP and UZX?
As of 2026-08-27, the correlation of weekly returns between AMP and UZX is -0.25 over 3 years, -0.31 over 1 year and n/a over 5 years.
Is UZX a good diversifier for AMP?
By historical standards, yes. A correlation of -0.25 means the two rarely move for the same reasons.
What does a correlation of -0.25 mean?
A reading of -0.25 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/amp-vs-uzx.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/amp-vs-uzx/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AMP correlations · UZX correlations
