DUK vs LRCX: Correlation
Duke Energy (DUK) and Lam Research (LRCX) 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 DUK and LRCX?
Over the past 3 years, DUK and LRCX moved with a correlation of -0.25, which is negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (-0.12) runs above the 3-year figure (-0.25). Over 5 years the correlation is -0.08, and the annualized covariance of weekly returns is -182.5 %².
Among the 53 assets we track against DUK, LRCX ranks #43 by 3-year correlation. Correlation aside, the last 12 months split them widely, with LRCX ahead by 207.9 points (+1.1% versus +209.0%). Do not treat this figure as fixed: across three years the rolling one-year correlation ranged all the way from -0.58 to 0.09. Note the risk asymmetry: LRCX runs 2.9 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
DUK vs LRCX: side by side
| DUK (Duke Energy) | LRCX (Lam Research) | |
|---|---|---|
| 1-year return | +1.1% | +209.0% |
| 5-year return | +39.8% | +452.0% |
| Volatility (ann.) | 15.9% | 46.7% |
| Beta vs S&P 500 | -0.09 | 2.03 |
| Max drawdown (3Y) | -11.6% | -47.1% |
| Market cap | $94.2B | $398.6B |
| P/E (trailing) | 18.3 | 54.4 |
| Dividend yield | 3.49% | 0.33% |
| Sector / category | Utilities | Information Technology |
Year-by-year returns
| Year | DUK | LRCX |
|---|---|---|
| 2022 | +2.0% | -40.7% |
| 2023 | -1.6% | +88.6% |
| 2024 | +15.6% | -6.8% |
| 2025 | +12.7% | +139.2% |
| 2026 | +5.8% | +86.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DUK and LRCX good diversifiers for each other?
Yes. With a correlation of -0.25, DUK and LRCX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between DUK and LRCX?
As of 2026-08-27, the correlation of weekly returns between DUK and LRCX is -0.25 over 3 years, -0.12 over 1 year and -0.08 over 5 years.
Is LRCX a good diversifier for DUK?
Yes. With a correlation of -0.25, DUK and LRCX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.25 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/duk-vs-lrcx.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/duk-vs-lrcx/)
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Related comparisons
Hubs: DUK correlations · LRCX correlations
