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SELF vs TDS: Correlation

Global Self Storage, Inc. (SELF) and Telephone and Data Systems, Inc. (TDS) show a moderate relationship: their 3-year correlation of weekly returns is 0.40.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.40
moderate
Correlation (1Y)
0.14
last 12 months
Correlation (5Y)
0.22
long-run
Ann. covariance
385.1
%² · weekly, annualized

How correlated are SELF and TDS?

Across a 3-year window, the weekly returns of SELF and TDS correlate at 0.40, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.14 versus 0.40 over 3 years. Stretching to 5 years gives 0.22, with an annualized covariance of 385.1 %².

In SELF's tracked universe of 14 assets, TDS sits right near the top at #3. Correlation aside, the last 12 months split them widely, with SELF ahead by 27.0 points (+10.0% versus -17.0%). Risk is not evenly split, since TDS carries 2.3 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.

SELF vs TDS: side by side

SELF (Global Self Storage, Inc.)TDS (Telephone and Data Systems, Inc.)
1-year return+10.0%-17.0%
5-year return+36.6%+91.9%
Volatility (ann.)20.6%46.7%
Beta vs S&P 5000.150.86
Max drawdown (3Y)-15.9%-33.4%
Market cap$0.1B$3.8B
P/E (trailing)31.18.3
Dividend yield5.14%0.48%
Sector / categoryUS ListedUS Listed
Lower P/E: TDS 8.3 vs 31.1Higher yield: SELF 5.14% vs 0.48%Smaller drawdown: SELF -15.9% vs -33.4%Higher 5y return: TDS +91.9% vs +36.6%
-16%0%+21%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. SELF · TDS

Year-by-year returns

YearSELFTDS
2022-10.0%-45.3%
2023+0.8%+86.3%
2024+22.0%+89.0%
2025+1.2%+20.7%
2026+13.0%-19.0%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are SELF and TDS good diversifiers for each other?

A fair diversifier. At 0.40, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between SELF and TDS?

The SELF/TDS correlation stands at 0.40 on a 3-year window (1 year: 0.14, 5 years: 0.22), computed from weekly returns as of 2026-08-27.

Is TDS a good diversifier for SELF?

A fair diversifier. At 0.40, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.40 mean?

On the −1 to +1 scale, 0.40 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/self-vs-tds.json

SELF vs TDS: 3-year weekly correlation 0.40SELF vs TDS0.40

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Related comparisons

Hubs: SELF correlations · TDS correlations