KEY vs UZX: Correlation
Measured on weekly returns over the past three years, KeyCorp (KEY) and Linkage Global Inc - Class A (UZX) carry a correlation of -0.13, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KEY and UZX?
Across a 3-year window, the weekly returns of KEY and UZX correlate at -0.13, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.11) sits close to the 3-year figure. Stretching to 5 years gives n/a, with an annualized covariance of -525.5 %².
Among the 59 assets we track against KEY, UZX ranks #52 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months KEY outperformed by 113.0 percentage points (+18.4% for KEY against -94.6% for UZX). Note the risk asymmetry: UZX runs 4.3 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.
KEY vs UZX: side by side
| KEY (KeyCorp) | UZX (Linkage Global Inc - Class A) | |
|---|---|---|
| 1-year return | +18.4% | -94.6% |
| 5-year return | +38.0% | n/a |
| Volatility (ann.) | 32.1% | 137.7% |
| Beta vs S&P 500 | 1.25 | 0.09 |
| Max drawdown (3Y) | -32.2% | -99.8% |
| Market cap | $23.5B | – |
| P/E (trailing) | 13.0 | – |
| Dividend yield | 3.71% | 0.00% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | KEY | UZX |
|---|---|---|
| 2022 | -21.7% | – |
| 2023 | -11.5% | – |
| 2024 | +25.3% | -71.7% |
| 2025 | +26.2% | -58.8% |
| 2026 | +8.8% | -93.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KEY and UZX good diversifiers for each other?
By historical standards, yes. A correlation of -0.13 means the two rarely move for the same reasons.
FAQ
What is the correlation between KEY and UZX?
The KEY/UZX correlation stands at -0.13 on a 3-year window (1 year: -0.11, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is UZX a good diversifier for KEY?
By historical standards, yes. A correlation of -0.13 means the two rarely move for the same reasons.
What does a correlation of -0.13 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/key-vs-uzx.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/key-vs-uzx/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: KEY correlations · UZX correlations