PACS vs UTI: Correlation
PACS Group, Inc. (PACS) and Universal Technical Institute Inc (UTI) show a negative relationship: their 3-year correlation of weekly returns is -0.27.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PACS and UTI?
On 3 years of weekly data the PACS/UTI correlation comes out at -0.27, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.31) sits close to the 3-year figure. The 5-year figure is n/a, and annualized covariance runs at -1853.1 %².
Within PACS's tracked universe of 35 assets, UTI comes in at #27 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months PACS outperformed by 293.2 percentage points (+273.0% for PACS against -20.2% for UTI). Note the risk asymmetry: PACS runs 2.2 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.
PACS vs UTI: side by side
| PACS (PACS Group, Inc.) | UTI (Universal Technical Institute Inc) | |
|---|---|---|
| 1-year return | +273.0% | -20.2% |
| 5-year return | n/a | +211.1% |
| Volatility (ann.) | 120.5% | 54.6% |
| Beta vs S&P 500 | 0.06 | 0.64 |
| Max drawdown (3Y) | -82.0% | -57.8% |
| Market cap | $7.0B | $1.2B |
| P/E (trailing) | 25.9 | 36.0 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | PACS | UTI |
|---|---|---|
| 2022 | – | -14.1% |
| 2023 | – | +86.3% |
| 2024 | – | +105.4% |
| 2025 | +192.8% | +1.6% |
| 2026 | +15.2% | -17.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PACS and UTI good diversifiers for each other?
Yes: at -0.27, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between PACS and UTI?
Using weekly returns as of 2026-08-27: -0.27 over 3 years, with -0.31 over the last year and n/a over 5 years.
Is UTI a good diversifier for PACS?
Yes: at -0.27, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.27 mean?
A reading of -0.27 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/pacs-vs-uti.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/pacs-vs-uti/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: PACS correlations · UTI correlations
