ASML vs LRCX: Correlation
Measured on weekly returns over the past three years, ASML Holding N.V. - New York Registry Shares (ASML) and Lam Research (LRCX) carry a correlation of 0.80, a very strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ASML and LRCX?
Over the past 3 years, ASML and LRCX moved with a correlation of 0.80, which is very strong, meaning they move nearly in lockstep. Recent behaviour matches the longer record: 0.80 over 1 year against 0.80 over 3. Over 5 years the correlation is 0.81, and the annualized covariance of weekly returns is 1442.9 %².
In ASML's tracked universe of 10 assets, LRCX sits right near the top at #1. The last year tells two different stories: LRCX led by 82.2 percentage points, +126.8% for ASML against +209.0% for LRCX.
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.
ASML vs LRCX: side by side
| ASML (ASML Holding N.V. - New York Registry Shares) | LRCX (Lam Research) | |
|---|---|---|
| 1-year return | +126.8% | +209.0% |
| 5-year return | +116.6% | +452.0% |
| Volatility (ann.) | 38.6% | 46.7% |
| Beta vs S&P 500 | 1.52 | 2.03 |
| Max drawdown (3Y) | -45.5% | -47.1% |
| Market cap | $666.4B | $398.6B |
| P/E (trailing) | 58.5 | 54.4 |
| Dividend yield | 0.25% | 0.33% |
| Sector / category | US Listed | Information Technology |
Year-by-year returns
| Year | ASML | LRCX |
|---|---|---|
| 2022 | -30.5% | -40.7% |
| 2023 | +39.9% | +88.6% |
| 2024 | -7.7% | -6.8% |
| 2025 | +55.8% | +139.2% |
| 2026 | +63.0% | +86.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ASML and LRCX good diversifiers for each other?
Not really. At 0.80, the two trade almost as one position, and owning both buys little extra protection.
FAQ
What is the correlation between ASML and LRCX?
Using weekly returns as of 2026-08-27: 0.80 over 3 years, with 0.80 over the last year and 0.81 over 5 years.
Is LRCX a good diversifier for ASML?
Not really. At 0.80, the two trade almost as one position, and owning both buys little extra protection.
What does a correlation of 0.80 mean?
On the −1 to +1 scale, 0.80 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/asml-vs-lrcx.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/asml-vs-lrcx/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ASML correlations · LRCX correlations
