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UNP vs WNW: Correlation

Measured on weekly returns over the past three years, Union Pacific Corporation (UNP) and Meiwu Technology Company Limited (WNW) carry a correlation of -0.19, a negative link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
-0.19
negative
Correlation (1Y)
-0.21
last 12 months
Correlation (5Y)
-0.10
long-run
Ann. covariance
-668.4
%² · weekly, annualized

How correlated are UNP and WNW?

Across a 3-year window, the weekly returns of UNP and WNW correlate at -0.19, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.21 lands near the 3-year figure. Stretching to 5 years gives -0.10, with an annualized covariance of -668.4 %².

By 3-year correlation, WNW places #28 of the 33 assets tracked against UNP. The last year tells two different stories: UNP led by 140.5 percentage points, +42.4% for UNP against -98.1% for WNW. Note the risk asymmetry: WNW runs 8.1 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.

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.

UNP vs WNW: side by side

UNP (Union Pacific Corporation)WNW (Meiwu Technology Company Limited)
1-year return+42.4%-98.1%
5-year return+56.5%-100.0%
Volatility (ann.)20.6%167.8%
Beta vs S&P 5000.561.36
Max drawdown (3Y)-17.8%-100.0%
Market cap$182.8B$0.1B
P/E (trailing)25.1
Dividend yield1.78%0.00%
Sector / categoryIndustrialsUS Listed
Higher yield: UNP 1.78% vs 0.00%Smaller drawdown: UNP -17.8% vs -100.0%Higher 5y return: UNP +56.5% vs -100.0%
-99%0%+42%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. UNP · WNW

Year-by-year returns

YearUNPWNW
2022-15.9%-91.9%
2023+21.6%-49.4%
2024-5.1%-38.5%
2025+3.9%-96.7%
2026+34.4%-97.6%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are UNP and WNW good diversifiers for each other?

Yes. With a correlation of -0.19, UNP and WNW have moved largely independently, which makes them a genuinely diversifying pair by historical standards.

FAQ

What is the correlation between UNP and WNW?

The UNP/WNW correlation stands at -0.19 on a 3-year window (1 year: -0.21, 5 years: -0.10), computed from weekly returns as of 2026-08-27.

Is WNW a good diversifier for UNP?

Yes. With a correlation of -0.19, UNP and WNW have moved largely independently, which makes them a genuinely diversifying pair by historical standards.

What does a correlation of -0.19 mean?

A reading of -0.19 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/unp-vs-wnw.json

UNP vs WNW: 3-year weekly correlation -0.19UNP vs WNW-0.19

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Related comparisons

Hubs: UNP correlations · WNW correlations