JJSF vs UHAL: Correlation
How closely do J & J Snack Foods Corp. (JJSF) and U-Haul Holding Company (UHAL) trade together? Their weekly returns over three years give a correlation of 0.49, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are JJSF and UHAL?
Across a 3-year window, the weekly returns of JJSF and UHAL correlate at 0.49, moderate. Little has changed lately, as the 1-year reading of 0.53 lands near the 3-year figure. Stretching to 5 years gives 0.39, with an annualized covariance of 424.5 %².
UHAL is one of the assets that tracks JJSF most closely: it ranks #2 out of the 11 assets we track against JJSF. Correlation aside, the last 12 months split them widely, with UHAL ahead by 39.1 points (-20.0% versus +19.1%).
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.
JJSF vs UHAL: side by side
| JJSF (J & J Snack Foods Corp.) | UHAL (U-Haul Holding Company) | |
|---|---|---|
| 1-year return | -20.0% | +19.1% |
| 5-year return | -39.4% | +2.2% |
| Volatility (ann.) | 30.3% | 28.6% |
| Beta vs S&P 500 | 0.31 | 0.81 |
| Max drawdown (3Y) | -59.2% | -46.2% |
| Market cap | $1.6B | $13.4B |
| P/E (trailing) | 34.4 | 488.6 |
| Dividend yield | 3.61% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | JJSF | UHAL |
|---|---|---|
| 2022 | -3.4% | -17.0% |
| 2023 | +13.7% | +19.3% |
| 2024 | -5.4% | -3.8% |
| 2025 | -40.0% | -27.0% |
| 2026 | -0.9% | +35.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are JJSF and UHAL good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.49 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between JJSF and UHAL?
Using weekly returns as of 2026-08-27: 0.49 over 3 years, with 0.53 over the last year and 0.39 over 5 years.
Is UHAL a good diversifier for JJSF?
Yes, to a useful degree: a correlation of 0.49 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.49 mean?
A reading of 0.49 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/jjsf-vs-uhal.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/jjsf-vs-uhal/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: JJSF correlations · UHAL correlations
