PSIG vs WEC: Correlation
Measured on weekly returns over the past three years, PS International Group Ltd. (PSIG) and WEC Energy Group (WEC) carry a correlation of -0.32, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PSIG and WEC?
On 3 years of weekly data the PSIG/WEC correlation comes out at -0.32, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.31 over 1 year against -0.32 over 3. The 5-year figure is n/a, and annualized covariance runs at -825.8 %².
Among the 55 assets we track against PSIG, WEC sits near the bottom by co-movement, at rank #52. Their recent paths diverged sharply: over the last 12 months WEC outperformed by 56.0 percentage points (-53.9% for PSIG against +2.1% for WEC). Note the risk asymmetry: PSIG runs 9.3 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.
PSIG vs WEC: side by side
| PSIG (PS International Group Ltd.) | WEC (WEC Energy Group) | |
|---|---|---|
| 1-year return | -53.9% | +2.1% |
| 5-year return | n/a | +32.7% |
| Volatility (ann.) | 157.0% | 16.9% |
| Beta vs S&P 500 | 0.97 | 0.02 |
| Max drawdown (3Y) | -96.0% | -11.6% |
| Market cap | – | $34.6B |
| P/E (trailing) | – | 20.6 |
| Dividend yield | 0.00% | 3.43% |
| Sector / category | US Listed | Utilities |
Year-by-year returns
| Year | PSIG | WEC |
|---|---|---|
| 2022 | – | -0.5% |
| 2023 | – | -7.0% |
| 2024 | – | +16.1% |
| 2025 | +8.3% | +16.0% |
| 2026 | -62.9% | +3.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PSIG and WEC good diversifiers for each other?
Yes. With a correlation of -0.32, PSIG and WEC have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between PSIG and WEC?
Using weekly returns as of 2026-08-27: -0.32 over 3 years, with -0.31 over the last year and n/a over 5 years.
Is WEC a good diversifier for PSIG?
Yes. With a correlation of -0.32, PSIG and WEC have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.32 mean?
On the −1 to +1 scale, -0.32 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.
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Related comparisons
Hubs: PSIG correlations · WEC correlations