EPD vs UZX: Correlation
Enterprise Products Partners L.P. (EPD) and Linkage Global Inc - Class A (UZX) show a negative relationship: their 3-year correlation of weekly returns is -0.24.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EPD and UZX?
Across a 3-year window, the weekly returns of EPD and UZX correlate at -0.24, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.44) than the 3-year average (-0.24). Stretching to 5 years gives n/a, with an annualized covariance of -568.1 %².
UZX is close to the least connected end of EPD's tracked universe, ranking #10 of 12. Correlation aside, the last 12 months split them widely, with EPD ahead by 126.1 points (+31.5% versus -94.6%). Risk is not evenly split, since UZX carries 8.4 times the volatility of the other side.
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.
EPD vs UZX: side by side
| EPD (Enterprise Products Partners L.P.) | UZX (Linkage Global Inc - Class A) | |
|---|---|---|
| 1-year return | +31.5% | -94.6% |
| 5-year return | +150.0% | n/a |
| Volatility (ann.) | 16.4% | 137.7% |
| Beta vs S&P 500 | 0.15 | 0.09 |
| Max drawdown (3Y) | -15.4% | -99.8% |
| Market cap | $84.3B | – |
| P/E (trailing) | 13.6 | – |
| Dividend yield | 5.63% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EPD | UZX |
|---|---|---|
| 2022 | +18.3% | – |
| 2023 | +17.7% | – |
| 2024 | +28.0% | -71.7% |
| 2025 | +9.5% | -58.8% |
| 2026 | +27.5% | -93.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EPD and UZX good diversifiers for each other?
Yes: at -0.24, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between EPD and UZX?
Using weekly returns as of 2026-08-27: -0.24 over 3 years, with -0.44 over the last year and n/a over 5 years.
Is UZX a good diversifier for EPD?
Yes: at -0.24, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.24 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/epd-vs-uzx.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/epd-vs-uzx/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: EPD correlations · UZX correlations
