GOOGL vs UGI: Correlation
Alphabet Inc. (Class A) (GOOGL) and UGI Corporation (UGI) 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 GOOGL and UGI?
On 3 years of weekly data the GOOGL/UGI correlation comes out at -0.20, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.19 over 1 year against -0.20 over 3. The 5-year figure is 0.02, and annualized covariance runs at -173.4 %².
By 3-year correlation, UGI places #23 of the 37 assets tracked against GOOGL. Correlation aside, the last 12 months split them widely, with GOOGL ahead by 50.9 points (+64.7% versus +13.8%).
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.
GOOGL vs UGI: side by side
| GOOGL (Alphabet Inc. (Class A)) | UGI (UGI Corporation) | |
|---|---|---|
| 1-year return | +64.7% | +13.8% |
| 5-year return | +137.7% | +3.7% |
| Volatility (ann.) | 31.4% | 28.1% |
| Beta vs S&P 500 | 1.22 | 0.14 |
| Max drawdown (3Y) | -29.8% | -19.6% |
| Market cap | $4,166.1B | $8.2B |
| P/E (trailing) | 17.2 | 12.8 |
| Dividend yield | 0.25% | 3.90% |
| Sector / category | Communication Services | US Listed |
Year-by-year returns
| Year | GOOGL | UGI |
|---|---|---|
| 2022 | -39.1% | -16.1% |
| 2023 | +58.3% | -29.8% |
| 2024 | +36.0% | +21.9% |
| 2025 | +66.0% | +38.3% |
| 2026 | +9.0% | +4.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GOOGL and UGI good diversifiers for each other?
Yes: at -0.20, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between GOOGL and UGI?
As of 2026-08-27, the correlation of weekly returns between GOOGL and UGI is -0.20 over 3 years, -0.19 over 1 year and 0.02 over 5 years.
Is UGI a good diversifier for GOOGL?
Yes: at -0.20, the two have gone their own ways historically, which is what genuine diversification looks like.
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/googl-vs-ugi.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/googl-vs-ugi/)
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Hubs: GOOGL correlations · UGI correlations
