ADI vs LFUS: Correlation
Analog Devices (ADI) and Littelfuse, Inc. (LFUS) show a strong relationship: their 3-year correlation of weekly returns is 0.67.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ADI and LFUS?
Over the past 3 years, ADI and LFUS moved with a correlation of 0.67, which is strong. Recent behaviour matches the longer record: 0.60 over 1 year against 0.67 over 3. Over 5 years the correlation is 0.66, and the annualized covariance of weekly returns is 773.4 %².
Within ADI's tracked universe of 51 assets, LFUS comes in at #20 by 3-year correlation. The trailing year gives LFUS the advantage: +48.6% versus +62.0%, a 13.4-point spread.
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.
ADI vs LFUS: side by side
| ADI (Analog Devices) | LFUS (Littelfuse, Inc.) | |
|---|---|---|
| 1-year return | +48.6% | +62.0% |
| 5-year return | +143.1% | +53.7% |
| Volatility (ann.) | 32.6% | 35.3% |
| Beta vs S&P 500 | 1.56 | 1.44 |
| Max drawdown (3Y) | -32.2% | -45.0% |
| Market cap | $181.5B | $10.7B |
| P/E (trailing) | 44.6 | – |
| Dividend yield | 1.15% | 0.72% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | ADI | LFUS |
|---|---|---|
| 2022 | -4.9% | -29.4% |
| 2023 | +23.4% | +22.7% |
| 2024 | +8.8% | -11.0% |
| 2025 | +29.8% | +8.6% |
| 2026 | +38.9% | +67.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ADI and LFUS good diversifiers for each other?
Somewhat, no more. With 0.67 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between ADI and LFUS?
Using weekly returns as of 2026-08-27: 0.67 over 3 years, with 0.60 over the last year and 0.66 over 5 years.
Is LFUS a good diversifier for ADI?
Somewhat, no more. With 0.67 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.67 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/adi-vs-lfus.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/adi-vs-lfus/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ADI correlations · LFUS correlations
