EMPD vs LITS: Correlation
Empery Digital Inc. (EMPD) and Lite Strategy, Inc. (LITS) show a moderate relationship: their 3-year correlation of weekly returns is 0.40.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EMPD and LITS?
Across a 3-year window, the weekly returns of EMPD and LITS correlate at 0.40, moderate. The past 12 months show a tighter link (0.55) than the 3-year average (0.40). Stretching to 5 years gives 0.32, with an annualized covariance of 5019.5 %².
Within EMPD's tracked universe of 10 assets, LITS comes in at #4 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months EMPD outperformed by 25.2 percentage points (-55.4% for EMPD against -80.6% for LITS).
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.
EMPD vs LITS: side by side
| EMPD (Empery Digital Inc.) | LITS (Lite Strategy, Inc.) | |
|---|---|---|
| 1-year return | -55.4% | -80.6% |
| 5-year return | -100.0% | -97.7% |
| Volatility (ann.) | 135.0% | 93.2% |
| Beta vs S&P 500 | 1.57 | 0.44 |
| Max drawdown (3Y) | -100.0% | -89.2% |
| Market cap | $0.1B | – |
| P/E (trailing) | 3.8 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EMPD | LITS |
|---|---|---|
| 2022 | -90.6% | -91.0% |
| 2023 | -98.0% | +55.6% |
| 2024 | -99.9% | -57.6% |
| 2025 | -86.9% | -46.3% |
| 2026 | -31.4% | -24.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EMPD and LITS good diversifiers for each other?
Reasonably. At 0.40, EMPD and LITS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between EMPD and LITS?
Using weekly returns as of 2026-08-27: 0.40 over 3 years, with 0.55 over the last year and 0.32 over 5 years.
Is LITS a good diversifier for EMPD?
Reasonably. At 0.40, EMPD and LITS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.40 mean?
A reading of 0.40 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/empd-vs-lits.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/empd-vs-lits/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: EMPD correlations · LITS correlations
