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HWH vs UUU: Correlation

How closely do HWH International Inc. (HWH) and Universal Safety Products, Inc. (UUU) trade together? Their weekly returns over three years give a correlation of 0.55, which is moderate.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.55
moderate
Correlation (1Y)
0.77
last 12 months
Correlation (5Y)
0.50
long-run
Ann. covariance
13364.1
%² · weekly, annualized

How correlated are HWH and UUU?

Over the past 3 years, HWH and UUU moved with a correlation of 0.55, which is moderate. Lately the two have moved closer together, with the 1-year correlation at 0.77 versus 0.55 over 3 years. Over 5 years the correlation is 0.50, and the annualized covariance of weekly returns is 13364.1 %².

UUU is one of the assets that tracks HWH most closely: it ranks #3 out of the 12 assets we track against HWH. The last year tells two different stories: UUU led by 43.0 percentage points, +41.1% for HWH against +84.1% for UUU. Risk is not evenly split, since HWH carries 1.6 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.

HWH vs UUU: side by side

HWH (HWH International Inc.)UUU (Universal Safety Products, Inc.)
1-year return+41.1%+84.1%
5-year return-95.9%+5.9%
Volatility (ann.)198.9%122.8%
Beta vs S&P 5000.98-0.54
Max drawdown (3Y)-98.3%-77.3%
Market cap
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: UUU -77.3% vs -98.3%Higher 5y return: UUU +5.9% vs -95.9%
-80%0%+11%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). HWH · UUU

Year-by-year returns

YearHWHUUU
2022-40.3%
2023+2.5%-18.2%
2024-93.7%+42.8%
2025-53.8%+158.6%
2026+33.6%+2.1%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are HWH and UUU good diversifiers for each other?

To a limited degree. At 0.55 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.

FAQ

What is the correlation between HWH and UUU?

The HWH/UUU correlation stands at 0.55 on a 3-year window (1 year: 0.77, 5 years: 0.50), computed from weekly returns as of 2026-08-27.

Is UUU a good diversifier for HWH?

To a limited degree. At 0.55 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.

What does a correlation of 0.55 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/hwh-vs-uuu.json

HWH vs UUU: 3-year weekly correlation 0.55HWH vs UUU0.55

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Related comparisons

Hubs: HWH correlations · UUU correlations