UHAL vs WY: Correlation
Measured on weekly returns over the past three years, U-Haul Holding Company (UHAL) and Weyerhaeuser (WY) carry a correlation of 0.58, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are UHAL and WY?
Over the past 3 years, UHAL and WY moved with a correlation of 0.58, which is moderate. Little has changed lately, as the 1-year reading of 0.57 lands near the 3-year figure. Over 5 years the correlation is 0.49, and the annualized covariance of weekly returns is 408.1 %².
WY is one of the assets that tracks UHAL most closely: it ranks #2 out of the 15 assets we track against UHAL. The last year tells two different stories: UHAL led by 25.2 percentage points, +19.1% for UHAL against -6.1% for WY.
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.
UHAL vs WY: side by side
| UHAL (U-Haul Holding Company) | WY (Weyerhaeuser) | |
|---|---|---|
| 1-year return | +19.1% | -6.1% |
| 5-year return | +2.2% | -19.5% |
| Volatility (ann.) | 28.6% | 24.8% |
| Beta vs S&P 500 | 0.81 | 0.64 |
| Max drawdown (3Y) | -46.2% | -38.0% |
| Market cap | $13.4B | $17.1B |
| P/E (trailing) | 488.6 | 36.5 |
| Dividend yield | 0.00% | 3.49% |
| Sector / category | US Listed | Real Estate |
Year-by-year returns
| Year | UHAL | WY |
|---|---|---|
| 2022 | -17.0% | -20.4% |
| 2023 | +19.3% | +18.0% |
| 2024 | -3.8% | -16.6% |
| 2025 | -27.0% | -13.0% |
| 2026 | +35.7% | +1.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are UHAL and WY good diversifiers for each other?
Only partially. A correlation of 0.58 means UHAL and WY share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between UHAL and WY?
As of 2026-08-27, the correlation of weekly returns between UHAL and WY is 0.58 over 3 years, 0.57 over 1 year and 0.49 over 5 years.
Is WY a good diversifier for UHAL?
Only partially. A correlation of 0.58 means UHAL and WY share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.58 mean?
A reading of 0.58 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
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Embed this badge (it refreshes with the data), with attribution:
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Related comparisons
Hubs: UHAL correlations · WY correlations
