EXPE vs LSPD: Correlation
Expedia Group (EXPE) and Lightspeed Commerce Inc. Subordinate Voting Shares (LSPD) show a moderate relationship: their 3-year correlation of weekly returns is 0.55.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EXPE and LSPD?
On 3 years of weekly data the EXPE/LSPD correlation comes out at 0.55, moderate. Little has changed lately, as the 1-year reading of 0.59 lands near the 3-year figure. The 5-year figure is 0.49, and annualized covariance runs at 1138.1 %².
LSPD is one of the assets that tracks EXPE most closely: it ranks #3 out of the 33 assets we track against EXPE. The last year tells two different stories: EXPE led by 63.1 percentage points, +51.5% for EXPE against -11.6% for LSPD.
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.
EXPE vs LSPD: side by side
| EXPE (Expedia Group) | LSPD (Lightspeed Commerce Inc. Subordinate Voting Shares) | |
|---|---|---|
| 1-year return | +51.5% | -11.6% |
| 5-year return | +123.9% | -90.0% |
| Volatility (ann.) | 42.7% | 48.1% |
| Beta vs S&P 500 | 1.33 | 1.83 |
| Max drawdown (3Y) | -37.4% | -62.7% |
| Market cap | $38.3B | $1.4B |
| P/E (trailing) | 21.0 | – |
| Dividend yield | 0.53% | 0.00% |
| Sector / category | Consumer Discretionary | US Listed |
Year-by-year returns
| Year | EXPE | LSPD |
|---|---|---|
| 2022 | -51.5% | -64.6% |
| 2023 | +73.3% | +46.8% |
| 2024 | +22.8% | -27.4% |
| 2025 | +53.3% | -20.7% |
| 2026 | +13.1% | -10.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EXPE and LSPD good diversifiers for each other?
To a limited degree. At 0.55 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between EXPE and LSPD?
Using weekly returns as of 2026-08-27: 0.55 over 3 years, with 0.59 over the last year and 0.49 over 5 years.
Is LSPD a good diversifier for EXPE?
To a limited degree. At 0.55 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.55 mean?
On the −1 to +1 scale, 0.55 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/expe-vs-lspd.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/expe-vs-lspd/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: EXPE correlations · LSPD correlations
