JBHT vs YDKG: Correlation
Measured on weekly returns over the past three years, J.B. Hunt (JBHT) and Yueda Digital Holding - Class A (YDKG) carry a correlation of -0.28, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are JBHT and YDKG?
On 3 years of weekly data the JBHT/YDKG correlation comes out at -0.28, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.39) than the 3-year average (-0.28). The 5-year figure is -0.22, and annualized covariance runs at -1324.5 %².
Among the 36 assets we track against JBHT, YDKG sits near the bottom by co-movement, at rank #34. The last year tells two different stories: JBHT led by 181.8 percentage points, +82.1% for JBHT against -99.7% for YDKG. Note the risk asymmetry: YDKG runs 5.2 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.
JBHT vs YDKG: side by side
| JBHT (J.B. Hunt) | YDKG (Yueda Digital Holding - Class A) | |
|---|---|---|
| 1-year return | +82.1% | -99.7% |
| 5-year return | +51.0% | -99.9% |
| Volatility (ann.) | 30.0% | 156.2% |
| Beta vs S&P 500 | 0.93 | -0.65 |
| Max drawdown (3Y) | -42.4% | -99.9% |
| Market cap | $24.7B | – |
| P/E (trailing) | 37.5 | – |
| Dividend yield | 0.68% | 0.00% |
| Sector / category | Industrials | US Listed |
Year-by-year returns
| Year | JBHT | YDKG |
|---|---|---|
| 2022 | -13.9% | -81.9% |
| 2023 | +15.6% | -24.5% |
| 2024 | -13.8% | -42.2% |
| 2025 | +15.2% | -98.1% |
| 2026 | +36.3% | +12.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are JBHT and YDKG good diversifiers for each other?
Yes. With a correlation of -0.28, JBHT and YDKG have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between JBHT and YDKG?
The JBHT/YDKG correlation stands at -0.28 on a 3-year window (1 year: -0.39, 5 years: -0.22), computed from weekly returns as of 2026-08-27.
Is YDKG a good diversifier for JBHT?
Yes. With a correlation of -0.28, JBHT and YDKG have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.28 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/jbht-vs-ydkg.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/jbht-vs-ydkg/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: JBHT correlations · YDKG correlations
