PLD vs YHGJ: Correlation
How closely do Prologis (PLD) and Yunhong Green CTI Ltd. (YHGJ) trade together? Their weekly returns over three years give a correlation of -0.22, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PLD and YHGJ?
Over the past 3 years, PLD and YHGJ moved with a correlation of -0.22, which is negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.39) runs below the 3-year figure (-0.22). Over 5 years the correlation is -0.06, and the annualized covariance of weekly returns is -515.1 %².
Among the 40 assets we track against PLD, YHGJ sits near the bottom by co-movement, at rank #36. The last year tells two different stories: PLD led by 74.9 percentage points, +30.0% for PLD against -44.9% for YHGJ. Note the risk asymmetry: YHGJ runs 3.5 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.
PLD vs YHGJ: side by side
| PLD (Prologis) | YHGJ (Yunhong Green CTI Ltd.) | |
|---|---|---|
| 1-year return | +30.0% | -44.9% |
| 5-year return | +22.5% | -85.6% |
| Volatility (ann.) | 25.8% | 90.5% |
| Beta vs S&P 500 | 0.90 | -0.69 |
| Max drawdown (3Y) | -31.4% | -91.7% |
| Market cap | $137.9B | – |
| P/E (trailing) | 31.7 | – |
| Dividend yield | 2.92% | 0.00% |
| Sector / category | Real Estate | US Listed |
Year-by-year returns
| Year | PLD | YHGJ |
|---|---|---|
| 2022 | -31.3% | -12.6% |
| 2023 | +21.6% | +105.8% |
| 2024 | -18.1% | -74.3% |
| 2025 | +25.1% | -34.0% |
| 2026 | +12.8% | -19.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PLD and YHGJ good diversifiers for each other?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
FAQ
What is the correlation between PLD and YHGJ?
As of 2026-08-27, the correlation of weekly returns between PLD and YHGJ is -0.22 over 3 years, -0.39 over 1 year and -0.06 over 5 years.
Is YHGJ a good diversifier for PLD?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
What does a correlation of -0.22 mean?
On the −1 to +1 scale, -0.22 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/pld-vs-yhgj.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/pld-vs-yhgj/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: PLD correlations · YHGJ correlations
