JYD vs UP: Correlation
Jayud Global Logistics Limited - Class A (JYD) and Wheels Up Experience Inc. (UP) show a negative relationship: their 3-year correlation of weekly returns is -0.23.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are JYD and UP?
On 3 years of weekly data the JYD/UP correlation comes out at -0.23, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.53) than the 3-year average (-0.23). The 5-year figure is n/a, and annualized covariance runs at -4564.4 %².
Among the 12 assets we track against JYD, UP sits near the bottom by co-movement, at rank #9. Neither side won the trailing year by much: -89.5% against -91.5%.
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.
JYD vs UP: side by side
| JYD (Jayud Global Logistics Limited - Class A) | UP (Wheels Up Experience Inc.) | |
|---|---|---|
| 1-year return | -89.5% | -91.5% |
| 5-year return | n/a | -99.6% |
| Volatility (ann.) | 136.8% | 142.6% |
| Beta vs S&P 500 | 1.58 | 1.69 |
| Max drawdown (3Y) | -99.8% | -95.8% |
| Market cap | – | $0.2B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | JYD | UP |
|---|---|---|
| 2022 | – | -77.8% |
| 2023 | – | -66.7% |
| 2024 | +188.3% | -51.9% |
| 2025 | -96.9% | -60.2% |
| 2026 | -81.5% | -62.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are JYD and UP good diversifiers for each other?
Yes. With a correlation of -0.23, JYD and UP have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between JYD and UP?
The JYD/UP correlation stands at -0.23 on a 3-year window (1 year: -0.53, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is UP a good diversifier for JYD?
Yes. With a correlation of -0.23, JYD and UP have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.23 mean?
On the −1 to +1 scale, -0.23 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
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Related comparisons
Hubs: JYD correlations · UP correlations
