UEIC vs YOU: Correlation
How closely do Universal Electronics Inc. (UEIC) and Clear Secure, Inc. (YOU) trade together? Their weekly returns over three years give a correlation of -0.27, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are UEIC and YOU?
Over the past 3 years, UEIC and YOU moved with a correlation of -0.27, which is negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.23 lands near the 3-year figure. Over 5 years the correlation is -0.11, and the annualized covariance of weekly returns is -831.9 %².
Out of 10 assets tracked against UEIC, YOU lands near the bottom at #9. Their recent paths diverged sharply: over the last 12 months YOU outperformed by 32.4 percentage points (-9.5% for UEIC against +22.9% for YOU).
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.
UEIC vs YOU: side by side
| UEIC (Universal Electronics Inc.) | YOU (Clear Secure, Inc.) | |
|---|---|---|
| 1-year return | -9.5% | +22.9% |
| 5-year return | -91.0% | +2.4% |
| Volatility (ann.) | 56.2% | 54.0% |
| Beta vs S&P 500 | 0.79 | 0.46 |
| Max drawdown (3Y) | -79.8% | -42.2% |
| Market cap | $0.1B | $6.0B |
| P/E (trailing) | – | 29.8 |
| Dividend yield | 0.00% | 1.24% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | UEIC | YOU |
|---|---|---|
| 2022 | -48.9% | -11.9% |
| 2023 | -54.9% | -21.4% |
| 2024 | +17.1% | +33.4% |
| 2025 | -67.2% | +35.3% |
| 2026 | +25.3% | +27.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are UEIC and YOU good diversifiers for each other?
Yes. With a correlation of -0.27, UEIC and YOU have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between UEIC and YOU?
Using weekly returns as of 2026-08-27: -0.27 over 3 years, with -0.23 over the last year and -0.11 over 5 years.
Is YOU a good diversifier for UEIC?
Yes. With a correlation of -0.27, UEIC and YOU have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.27 mean?
On the −1 to +1 scale, -0.27 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.
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Related comparisons
Hubs: UEIC correlations · YOU correlations
