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SOWG vs UVE: Correlation

How closely do Sow Good Inc. (SOWG) and UNIVERSAL INSURANCE HOLDINGS INC (UVE) trade together? Their weekly returns over three years give a correlation of -0.25, which is negative.

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

Correlation (3Y)
-0.25
negative
Correlation (1Y)
-0.24
last 12 months
Correlation (5Y)
-0.08
long-run
Ann. covariance
-1352.5
%² · weekly, annualized

How correlated are SOWG and UVE?

On 3 years of weekly data the SOWG/UVE correlation comes out at -0.25, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.24) sits close to the 3-year figure. The 5-year figure is -0.08, and annualized covariance runs at -1352.5 %².

Among the 11 assets we track against SOWG, UVE sits near the bottom by co-movement, at rank #11. Their recent paths diverged sharply: over the last 12 months UVE outperformed by 150.8 percentage points (-70.5% for SOWG against +80.3% for UVE). Risk is not evenly split, since SOWG carries 4.9 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 UVE: side by side

SOWG (Sow Good Inc.)UVE (UNIVERSAL INSURANCE HOLDINGS INC)
1-year return-70.5%+80.3%
5-year return-96.6%+277.8%
Volatility (ann.)164.0%33.5%
Beta vs S&P 5001.930.36
Max drawdown (3Y)-99.7%-25.7%
Market cap$0.1B$1.2B
P/E (trailing)5.7
Dividend yield0.00%1.46%
Sector / categoryUS ListedUS Listed
Higher yield: UVE 1.46% vs 0.00%Smaller drawdown: UVE -25.7% vs -99.7%Higher 5y return: UVE +277.8% vs -96.6%
-89%0%+83%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). SOWG · UVE

Year-by-year returns

YearSOWGUVE
2022+11.1%-33.5%
2023+302.0%+58.1%
2024-79.7%+36.8%
2025-83.3%+65.3%
2026-40.2%+29.9%

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

Are SOWG and UVE good diversifiers for each other?

By historical standards, yes. A correlation of -0.25 means the two rarely move for the same reasons.

FAQ

What is the correlation between SOWG and UVE?

As of 2026-08-27, the correlation of weekly returns between SOWG and UVE is -0.25 over 3 years, -0.24 over 1 year and -0.08 over 5 years.

Is UVE a good diversifier for SOWG?

By historical standards, yes. A correlation of -0.25 means the two rarely move for the same reasons.

What does a correlation of -0.25 mean?

Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.

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SOWG vs UVE: 3-year weekly correlation -0.25SOWG vs UVE-0.25

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Related comparisons

Hubs: SOWG correlations · UVE correlations