KELYA vs UFI: Correlation
How closely do Kelly Services, Inc. (KELYA) and Unifi, Inc. New (UFI) trade together? Their weekly returns over three years give a correlation of 0.34, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KELYA and UFI?
On 3 years of weekly data the KELYA/UFI correlation comes out at 0.34, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.49 versus 0.34 over 3 years. The 5-year figure is 0.36, and annualized covariance runs at 602.5 %².
Among the 20 assets we track against KELYA, UFI ranks #14 by 3-year correlation. Correlation aside, the last 12 months split them widely, with UFI ahead by 45.5 points (+24.2% versus +69.7%).
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.
KELYA vs UFI: side by side
| KELYA (Kelly Services, Inc.) | UFI (Unifi, Inc. New) | |
|---|---|---|
| 1-year return | +24.2% | +69.7% |
| 5-year return | -5.4% | -65.5% |
| Volatility (ann.) | 37.3% | 47.6% |
| Beta vs S&P 500 | 0.73 | 0.44 |
| Max drawdown (3Y) | -66.5% | -61.5% |
| Market cap | $0.6B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 1.77% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | KELYA | UFI |
|---|---|---|
| 2022 | +2.3% | -62.8% |
| 2023 | +30.0% | -22.6% |
| 2024 | -34.5% | -6.2% |
| 2025 | -35.2% | -44.0% |
| 2026 | +98.2% | +115.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KELYA and UFI good diversifiers for each other?
A fair diversifier. At 0.34, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between KELYA and UFI?
The KELYA/UFI correlation stands at 0.34 on a 3-year window (1 year: 0.49, 5 years: 0.36), computed from weekly returns as of 2026-08-27.
Is UFI a good diversifier for KELYA?
A fair diversifier. At 0.34, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.34 mean?
A reading of 0.34 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/kelya-vs-ufi.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/kelya-vs-ufi/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: KELYA correlations · UFI correlations
