MTCH vs UWMC: Correlation
How closely do Match Group, Inc. (MTCH) and UWM Holdings Corporation (UWMC) trade together? Their weekly returns over three years give a correlation of 0.38, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MTCH and UWMC?
On 3 years of weekly data the MTCH/UWMC correlation comes out at 0.38, moderate. Little has changed lately, as the 1-year reading of 0.36 lands near the 3-year figure. The 5-year figure is 0.40, and annualized covariance runs at 634.2 %².
By 3-year correlation, UWMC places #4 of the 12 assets tracked against MTCH. The last year tells two different stories: MTCH led by 83.6 percentage points, +12.6% for MTCH against -71.0% for UWMC. Risk is not evenly split, since UWMC carries 1.6 times the volatility of the other side.
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.
MTCH vs UWMC: side by side
| MTCH (Match Group, Inc.) | UWMC (UWM Holdings Corporation) | |
|---|---|---|
| 1-year return | +12.6% | -71.0% |
| 5-year return | -69.2% | -69.4% |
| Volatility (ann.) | 32.0% | 52.6% |
| Beta vs S&P 500 | 0.49 | 0.96 |
| Max drawdown (3Y) | -41.6% | -84.9% |
| Market cap | $9.6B | $4.2B |
| P/E (trailing) | 14.9 | – |
| Dividend yield | 1.85% | 27.40% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MTCH | UWMC |
|---|---|---|
| 2022 | -68.6% | -38.0% |
| 2023 | -12.0% | +132.1% |
| 2024 | -10.4% | -13.0% |
| 2025 | +1.0% | -19.3% |
| 2026 | +29.9% | -63.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MTCH and UWMC good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.38 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between MTCH and UWMC?
As of 2026-08-27, the correlation of weekly returns between MTCH and UWMC is 0.38 over 3 years, 0.36 over 1 year and 0.40 over 5 years.
Is UWMC a good diversifier for MTCH?
Yes, to a useful degree: a correlation of 0.38 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.38 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/mtch-vs-uwmc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/mtch-vs-uwmc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: MTCH correlations · UWMC correlations
