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
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 500 | 0.98 | -0.54 |
| Max drawdown (3Y) | -98.3% | -77.3% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | HWH | UUU |
|---|---|---|
| 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
$ curl https://www.pairbook.io/api/v1/pairs/hwh-vs-uuu.json
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Hubs: HWH correlations · UUU correlations