TILE vs UFPT: Correlation
Measured on weekly returns over the past three years, Interface, Inc. (TILE) and UFP Technologies, Inc. (UFPT) carry a correlation of 0.49, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are TILE and UFPT?
Over the past 3 years, TILE and UFPT moved with a correlation of 0.49, which is moderate. The past 12 months show a tighter link (0.64) than the 3-year average (0.49). Over 5 years the correlation is 0.40, and the annualized covariance of weekly returns is 1028.8 %².
By 3-year correlation, UFPT places #7 of the 17 assets tracked against TILE. Their 12-month results are close: +40.3% for TILE against +39.8% for UFPT.
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.
TILE vs UFPT: side by side
| TILE (Interface, Inc.) | UFPT (UFP Technologies, Inc.) | |
|---|---|---|
| 1-year return | +40.3% | +39.8% |
| 5-year return | +167.4% | +340.3% |
| Volatility (ann.) | 40.8% | 51.7% |
| Beta vs S&P 500 | 0.93 | 1.34 |
| Max drawdown (3Y) | -33.6% | -48.3% |
| Market cap | $2.2B | $2.3B |
| P/E (trailing) | 15.7 | 32.9 |
| Dividend yield | 0.26% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | TILE | UFPT |
|---|---|---|
| 2022 | -37.9% | +67.8% |
| 2023 | +28.5% | +45.9% |
| 2024 | +93.4% | +42.1% |
| 2025 | +14.9% | -9.2% |
| 2026 | +36.0% | +35.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are TILE and UFPT good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.49 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between TILE and UFPT?
Using weekly returns as of 2026-08-27: 0.49 over 3 years, with 0.64 over the last year and 0.40 over 5 years.
Is UFPT a good diversifier for TILE?
Yes, to a useful degree: a correlation of 0.49 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.49 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/tile-vs-ufpt.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/tile-vs-ufpt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: TILE correlations · UFPT correlations
