COST vs LICN: Correlation
Costco (COST) and Lichen International Limited - Class A (LICN) show a negative relationship: their 3-year correlation of weekly returns is -0.25.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are COST and LICN?
On 3 years of weekly data the COST/LICN correlation comes out at -0.25, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at -0.04 versus -0.25 over 3 years. The 5-year figure is n/a, and annualized covariance runs at -41957.4 %².
Out of 33 assets tracked against COST, LICN lands near the bottom at #30. Their recent paths diverged sharply: over the last 12 months COST outperformed by 73.7 percentage points (-1.0% for COST against -74.7% for LICN). One caveat on sizing: LICN is 430.7 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
COST vs LICN: side by side
| COST (Costco) | LICN (Lichen International Limited - Class A) | |
|---|---|---|
| 1-year return | -1.0% | -74.7% |
| 5-year return | +116.3% | n/a |
| Volatility (ann.) | 19.8% | 8528.0% |
| Beta vs S&P 500 | 0.45 | -80.22 |
| Max drawdown (3Y) | -20.7% | -98.4% |
| Market cap | $414.5B | – |
| P/E (trailing) | 48.1 | – |
| Dividend yield | 0.56% | 0.00% |
| Sector / category | Consumer Staples | US Listed |
Year-by-year returns
| Year | COST | LICN |
|---|---|---|
| 2022 | -19.0% | – |
| 2023 | +49.0% | – |
| 2024 | +39.6% | -91.0% |
| 2025 | -5.4% | +1484.3% |
| 2026 | +8.9% | -56.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are COST and LICN good diversifiers for each other?
Yes. With a correlation of -0.25, COST and LICN have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between COST and LICN?
Using weekly returns as of 2026-08-27: -0.25 over 3 years, with -0.04 over the last year and n/a over 5 years.
Is LICN a good diversifier for COST?
Yes. With a correlation of -0.25, COST and LICN have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.25 mean?
A reading of -0.25 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/cost-vs-licn.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/cost-vs-licn/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: COST correlations · LICN correlations
