UAL correlations (United Airlines Holdings)
UAL measured against 4756 US stocks and ETFs: closest co-movers on one side, the best offsets on the other, all from weekly returns.
Data as of 2026-08-27 · refreshed every trading day · Industrials · Passenger Airlines
Volatility (ann.)
46.6%
3y weekly
Beta vs S&P 500
1.33
3y weekly
1-year return
+7.8%
price, adjusted
5-year return
+144.8%
price, adjusted
Market cap
$36.5B
latest
P/E ratio
10.8
trailing
Max drawdown
-49.2%
3y, daily closes
UAL over the last 12 months, weekly closes indexed to 100 at the start.
Stocks and ETFs most correlated with UAL
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| JETS | US Global Jets ETF | 0.87 | |
| DAL | Delta Air Lines | 0.86 | |
| AAL | American Airlines Group, Inc. | 0.78 | |
| ALK | Alaska Air Group, Inc. | 0.71 | |
| VIK | Viking Holdings Ltd | 0.64 | |
| ALGT | Allegiant Travel Company | 0.64 | |
| SKYW | SkyWest, Inc. | 0.61 | |
| ULCC | Frontier Group Holdings, Inc. | 0.58 | |
| CPA | Copa Holdings, S.A. | 0.57 | |
| TNL | Travel Leisure Co. | 0.57 | |
| LUV | Southwest Airlines | 0.57 | |
| HGV | Hilton Grand Vacations Inc. | 0.55 | |
| MS | Morgan Stanley | 0.54 | |
| AXP | American Express | 0.54 | |
| MTB | M&T Bank | 0.54 |
Best diversifiers for UAL
If the goal is offsetting UAL, these tracked assets have historically moved the most on their own terms.
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| VXZ | iPath Series B S&P 500 VIX Mid-Term Futures ETN | -0.44 | |
| VXX | iPath Series B S&P 500 VIX Short-Term Futures ETN | -0.44 | |
| USO | United States Oil Fund | -0.36 | |
| EQNR | Equinor ASA | -0.29 | |
| MXC | Mexco Energy Corporation | -0.25 | |
| KGEI | Kolibri Global Energy Inc. | -0.25 | |
| FNGD | MicroSectors FANG Index -3X Inverse Leveraged ETNs due | -0.25 | |
| INDO | Indonesia Energy Corporation Limited | -0.22 | |
| BRN | Barnwell Industries, Inc. | -0.22 | |
| EPSN | Epsilon Energy Ltd. | -0.22 |
UAL vs benchmarks
UAL vs its peers
Get UAL data as JSON
$ curl https://www.pairbook.io/api/v1/symbols/ual.jsonCorrelations, diversifiers, beta and volatility for UAL, plus one endpoint per pair. API documentation.
