BDSX vs LVLU: Correlation
How closely do Biodesix, Inc. (BDSX) and Lulu's Fashion Lounge Holdings, Inc. (LVLU) trade together? Their weekly returns over three years give a correlation of 0.39, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BDSX and LVLU?
Across a 3-year window, the weekly returns of BDSX and LVLU correlate at 0.39, moderate. Recent behaviour matches the longer record: 0.42 over 1 year against 0.39 over 3. Stretching to 5 years gives 0.25, with an annualized covariance of 4142.5 %².
Few assets follow BDSX as closely as LVLU, which ranks #3 of 11 tracked partners. The last year tells two different stories: BDSX led by 22.2 percentage points, +203.0% for BDSX against +180.8% for LVLU.
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.
BDSX vs LVLU: side by side
| BDSX (Biodesix, Inc.) | LVLU (Lulu's Fashion Lounge Holdings, Inc.) | |
|---|---|---|
| 1-year return | +203.0% | +180.8% |
| 5-year return | -84.0% | -93.3% |
| Volatility (ann.) | 92.6% | 113.3% |
| Beta vs S&P 500 | 0.57 | 0.34 |
| Max drawdown (3Y) | -89.7% | -92.1% |
| Market cap | $0.3B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BDSX | LVLU |
|---|---|---|
| 2022 | -56.5% | -75.5% |
| 2023 | -20.0% | -25.9% |
| 2024 | -16.8% | -39.2% |
| 2025 | -77.8% | -69.2% |
| 2026 | +318.8% | +152.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BDSX and LVLU good diversifiers for each other?
Reasonably. At 0.39, BDSX and LVLU keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between BDSX and LVLU?
The BDSX/LVLU correlation stands at 0.39 on a 3-year window (1 year: 0.42, 5 years: 0.25), computed from weekly returns as of 2026-08-27.
Is LVLU a good diversifier for BDSX?
Reasonably. At 0.39, BDSX and LVLU keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.39 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/bdsx-vs-lvlu.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/bdsx-vs-lvlu/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BDSX correlations · LVLU correlations
