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ULCC correlations (Frontier Group Holdings, Inc.)

Which assets move with ULCC and which ones diversify it, computed from weekly returns across 4756 stocks and ETFs.

Data as of 2026-08-27 · refreshed every trading day · US Listed

Volatility (ann.)
81.0%
3y weekly
Beta vs S&P 500
2.06
3y weekly
1-year return
+23.4%
price, adjusted
5-year return
-61.9%
price, adjusted
Market cap
$1.4B
latest
Max drawdown
-70.4%
3y, daily closes
-39%0%+52%2025-09-052026-08-27
ULCC over the last 12 months, weekly closes indexed to 100 at the start.

Stocks and ETFs most correlated with ULCC

AssetCorrelation (3Y)
JETSUS Global Jets ETF0.75
JBLUJetBlue Airways Corporation0.70
ALGTAllegiant Travel Company0.69
DALDelta Air Lines0.60
ALKAlaska Air Group, Inc.0.60

Best diversifiers for ULCC

If the goal is offsetting ULCC, these tracked assets have historically moved the most on their own terms.

AssetCorrelation (3Y)
VXXiPath Series B S&P 500 VIX Short-Term Futures ETN-0.35
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN-0.30
EQNREquinor ASA-0.26

ULCC vs benchmarks

ULCC vs SPY 0.37 ULCC vs QQQ 0.31

Get ULCC data as JSON

Free API · no key required
$ curl https://www.pairbook.io/api/v1/symbols/ulcc.json

Correlations, diversifiers, beta and volatility for ULCC, plus one endpoint per pair. API documentation.