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
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 500 | 1.93 | 0.36 |
| Max drawdown (3Y) | -99.7% | -25.7% |
| Market cap | $0.1B | $1.2B |
| P/E (trailing) | – | 5.7 |
| Dividend yield | 0.00% | 1.46% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | SOWG | UVE |
|---|---|---|
| 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/sowg-vs-uve.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/sowg-vs-uve/)
No key needed, free to use. Full endpoint list in the API documentation.
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Hubs: SOWG correlations · UVE correlations