APTV vs LEA: Correlation
How closely do Aptiv (APTV) and Lear Corporation (LEA) trade together? Their weekly returns over three years give a correlation of 0.52, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are APTV and LEA?
Across a 3-year window, the weekly returns of APTV and LEA correlate at 0.52, moderate. Little has changed lately, as the 1-year reading of 0.50 lands near the 3-year figure. Stretching to 5 years gives 0.66, with an annualized covariance of 567.7 %².
By 3-year correlation, LEA places #4 of the 33 assets tracked against APTV. Correlation aside, the last 12 months split them widely, with LEA ahead by 58.4 points (-43.2% versus +15.2%).
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.
APTV vs LEA: side by side
| APTV (Aptiv) | LEA (Lear Corporation) | |
|---|---|---|
| 1-year return | -43.2% | +15.2% |
| 5-year return | -70.3% | -13.4% |
| Volatility (ann.) | 37.7% | 28.8% |
| Beta vs S&P 500 | 0.76 | 0.61 |
| Max drawdown (3Y) | -56.5% | -47.0% |
| Market cap | $9.4B | $8.2B |
| P/E (trailing) | 20.9 | 11.6 |
| Dividend yield | 0.00% | 2.48% |
| Sector / category | Consumer Discretionary | US Listed |
Year-by-year returns
| Year | APTV | LEA |
|---|---|---|
| 2022 | -43.5% | -30.7% |
| 2023 | -3.7% | +16.4% |
| 2024 | -32.6% | -31.2% |
| 2025 | +25.8% | +24.9% |
| 2026 | -40.3% | +9.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are APTV and LEA good diversifiers for each other?
Somewhat, no more. With 0.52 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between APTV and LEA?
The APTV/LEA correlation stands at 0.52 on a 3-year window (1 year: 0.50, 5 years: 0.66), computed from weekly returns as of 2026-08-27.
Is LEA a good diversifier for APTV?
Somewhat, no more. With 0.52 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.52 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/aptv-vs-lea.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/aptv-vs-lea/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: APTV correlations · LEA correlations