ADI vs LRCX: Correlation
Measured on weekly returns over the past three years, Analog Devices (ADI) and Lam Research (LRCX) carry a correlation of 0.64, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ADI and LRCX?
Over the past 3 years, ADI and LRCX moved with a correlation of 0.64, which is strong. The past 12 months show a weaker link (0.53) than the 3-year average (0.64). Over 5 years the correlation is 0.68, and the annualized covariance of weekly returns is 979.0 %².
By 3-year correlation, LRCX places #21 of the 51 assets tracked against ADI. The last year tells two different stories: LRCX led by 160.4 percentage points, +48.6% for ADI against +209.0% for LRCX. The rolling one-year correlation moved between 0.47 and 0.80 over the past three years, a moderate range.
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 LRCX: side by side
| ADI (Analog Devices) | LRCX (Lam Research) | |
|---|---|---|
| 1-year return | +48.6% | +209.0% |
| 5-year return | +143.1% | +452.0% |
| Volatility (ann.) | 32.6% | 46.7% |
| Beta vs S&P 500 | 1.56 | 2.03 |
| Max drawdown (3Y) | -32.2% | -47.1% |
| Market cap | $181.5B | $398.6B |
| P/E (trailing) | 44.6 | 54.4 |
| Dividend yield | 1.15% | 0.33% |
| Sector / category | Information Technology | Information Technology |
Year-by-year returns
| Year | ADI | LRCX |
|---|---|---|
| 2022 | -4.9% | -40.7% |
| 2023 | +23.4% | +88.6% |
| 2024 | +8.8% | -6.8% |
| 2025 | +29.8% | +139.2% |
| 2026 | +38.9% | +86.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ADI and LRCX good diversifiers for each other?
Somewhat, no more. With 0.64 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between ADI and LRCX?
The ADI/LRCX correlation stands at 0.64 on a 3-year window (1 year: 0.53, 5 years: 0.68), computed from weekly returns as of 2026-08-27.
Is LRCX a good diversifier for ADI?
Somewhat, no more. With 0.64 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.64 mean?
On the −1 to +1 scale, 0.64 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/adi-vs-lrcx.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/adi-vs-lrcx/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ADI correlations · LRCX correlations
