BAH vs LDOS: Correlation
Booz Allen Hamilton Holding Corporation (BAH) and Leidos (LDOS) show a moderate relationship: their 3-year correlation of weekly returns is 0.59.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BAH and LDOS?
On 3 years of weekly data the BAH/LDOS correlation comes out at 0.59, moderate. The relationship has been stable: the 1-year correlation (0.62) sits close to the 3-year figure. The 5-year figure is 0.63, and annualized covariance runs at 658.5 %².
In BAH's tracked universe of 12 assets, LDOS sits right near the top at #3. The trailing year gives LDOS the advantage: -30.4% versus -22.9%, a 7.5-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.
BAH vs LDOS: side by side
| BAH (Booz Allen Hamilton Holding Corporation) | LDOS (Leidos) | |
|---|---|---|
| 1-year return | -30.4% | -22.9% |
| 5-year return | +1.1% | +52.1% |
| Volatility (ann.) | 35.2% | 31.4% |
| Beta vs S&P 500 | 0.58 | 0.87 |
| Max drawdown (3Y) | -66.6% | -49.5% |
| Market cap | $9.0B | $17.6B |
| P/E (trailing) | 11.7 | 12.8 |
| Dividend yield | 3.07% | 1.23% |
| Sector / category | US Listed | Industrials |
Year-by-year returns
| Year | BAH | LDOS |
|---|---|---|
| 2022 | +25.7% | +20.0% |
| 2023 | +24.5% | +4.5% |
| 2024 | +2.0% | +34.5% |
| 2025 | -33.0% | +26.5% |
| 2026 | -9.2% | -22.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BAH and LDOS good diversifiers for each other?
Only partially. A correlation of 0.59 means BAH and LDOS share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between BAH and LDOS?
The BAH/LDOS correlation stands at 0.59 on a 3-year window (1 year: 0.62, 5 years: 0.63), computed from weekly returns as of 2026-08-27.
Is LDOS a good diversifier for BAH?
Only partially. A correlation of 0.59 means BAH and LDOS share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.59 mean?
A reading of 0.59 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/bah-vs-ldos.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/bah-vs-ldos/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BAH correlations · LDOS correlations
