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SOWG vs UCTT: Correlation

How closely do Sow Good Inc. (SOWG) and Ultra Clean Holdings, Inc. (UCTT) trade together? Their weekly returns over three years give a correlation of 0.33, which is moderate.

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

Correlation (3Y)
0.33
moderate
Correlation (1Y)
0.46
last 12 months
Correlation (5Y)
0.22
long-run
Ann. covariance
3359.2
%² · weekly, annualized

How correlated are SOWG and UCTT?

Over the past 3 years, SOWG and UCTT moved with a correlation of 0.33, which is moderate. Lately the two have moved closer together, with the 1-year correlation at 0.46 versus 0.33 over 3 years. Over 5 years the correlation is 0.22, and the annualized covariance of weekly returns is 3359.2 %².

By 3-year correlation, UCTT places #5 of the 11 assets tracked against SOWG. The last year tells two different stories: UCTT led by 282.1 percentage points, -70.5% for SOWG against +211.6% for UCTT. Risk is not evenly split, since SOWG carries 2.6 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.

SOWG vs UCTT: side by side

SOWG (Sow Good Inc.)UCTT (Ultra Clean Holdings, Inc.)
1-year return-70.5%+211.6%
5-year return-96.6%+57.9%
Volatility (ann.)164.0%62.8%
Beta vs S&P 5001.932.28
Max drawdown (3Y)-99.7%-68.2%
Market cap$0.1B$3.4B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: UCTT -68.2% vs -99.7%Higher 5y return: UCTT +57.9% vs -96.6%
-89%0%+398%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. SOWG · UCTT

Year-by-year returns

YearSOWGUCTT
2022+11.1%-42.2%
2023+302.0%+3.0%
2024-79.7%+5.3%
2025-83.3%-29.5%
2026-40.2%+195.1%

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

Are SOWG and UCTT good diversifiers for each other?

A fair diversifier. At 0.33, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between SOWG and UCTT?

Using weekly returns as of 2026-08-27: 0.33 over 3 years, with 0.46 over the last year and 0.22 over 5 years.

Is UCTT a good diversifier for SOWG?

A fair diversifier. At 0.33, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.33 mean?

On the −1 to +1 scale, 0.33 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/sowg-vs-uctt.json

SOWG vs UCTT: 3-year weekly correlation 0.33SOWG vs UCTT0.33

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Hubs: SOWG correlations · UCTT correlations