TDG vs UBER: Correlation
How closely do TransDigm Group (TDG) and Uber (UBER) trade together? Their weekly returns over three years give a correlation of 0.37, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are TDG and UBER?
Over the past 3 years, TDG and UBER moved with a correlation of 0.37, which is moderate. The relationship has been stable: the 1-year correlation (0.30) sits close to the 3-year figure. Over 5 years the correlation is 0.41, and the annualized covariance of weekly returns is 347.7 %².
Among the 31 assets we track against TDG, UBER ranks #20 by 3-year correlation. On 12-month performance TDG holds a 10.2-point edge, -9.1% against -19.3%. Across three years, the rolling one-year figure varied moderately, from 0.18 to 0.55.
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.
TDG vs UBER: side by side
| TDG (TransDigm Group) | UBER (Uber) | |
|---|---|---|
| 1-year return | -9.1% | -19.3% |
| 5-year return | +136.5% | +94.4% |
| Volatility (ann.) | 25.5% | 36.7% |
| Beta vs S&P 500 | 0.91 | 1.34 |
| Max drawdown (3Y) | -25.3% | -34.1% |
| Market cap | $65.6B | $157.2B |
| P/E (trailing) | 36.6 | 17.2 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Industrials | Industrials |
Year-by-year returns
| Year | TDG | UBER |
|---|---|---|
| 2022 | +1.8% | -41.0% |
| 2023 | +66.6% | +149.0% |
| 2024 | +32.3% | -2.0% |
| 2025 | +12.2% | +35.5% |
| 2026 | -10.8% | -5.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are TDG and UBER good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.37 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between TDG and UBER?
As of 2026-08-27, the correlation of weekly returns between TDG and UBER is 0.37 over 3 years, 0.30 over 1 year and 0.41 over 5 years.
Is UBER a good diversifier for TDG?
Yes, to a useful degree: a correlation of 0.37 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.37 mean?
A reading of 0.37 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/tdg-vs-uber.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/tdg-vs-uber/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: TDG correlations · UBER correlations
