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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

Correlation (3Y)
-0.32
negative
Correlation (1Y)
-0.31
last 12 months
Correlation (5Y)
n/a
long-run
Ann. covariance
-825.8
%² · weekly, annualized

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 returnn/a+32.7%
Volatility (ann.)157.0%16.9%
Beta vs S&P 5000.970.02
Max drawdown (3Y)-96.0%-11.6%
Market cap$34.6B
P/E (trailing)20.6
Dividend yield0.00%3.43%
Sector / categoryUS ListedUtilities
Higher yield: WEC 3.43% vs 0.00%Smaller drawdown: WEC -11.6% vs -96.0%
-70%0%+218%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. PSIG · WEC

Year-by-year returns

YearPSIGWEC
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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PSIG vs WEC: 3-year weekly correlation -0.32PSIG vs WEC-0.32

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Hubs: PSIG correlations · WEC correlations