GALT vs LILA: Correlation
How closely do Galectin Therapeutics Inc. (GALT) and Liberty Latin America Ltd. (LILA) trade together? Their weekly returns over three years give a correlation of 0.35, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GALT and LILA?
On 3 years of weekly data the GALT/LILA correlation comes out at 0.35, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.61 versus 0.35 over 3 years. The 5-year figure is 0.29, and annualized covariance runs at 1759.7 %².
By 3-year correlation, LILA places #4 of the 11 assets tracked against GALT. Their recent paths diverged sharply: over the last 12 months LILA outperformed by 48.5 percentage points (+4.0% for GALT against +52.5% for LILA). One caveat on sizing: GALT is 2.0 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.
GALT vs LILA: side by side
| GALT (Galectin Therapeutics Inc.) | LILA (Liberty Latin America Ltd.) | |
|---|---|---|
| 1-year return | +4.0% | +52.5% |
| 5-year return | +7.5% | -13.8% |
| Volatility (ann.) | 99.6% | 49.9% |
| Beta vs S&P 500 | 0.29 | 0.47 |
| Max drawdown (3Y) | -80.0% | -57.1% |
| Market cap | $0.4B | $1.6B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GALT | LILA |
|---|---|---|
| 2022 | -45.4% | -35.4% |
| 2023 | +46.9% | -2.9% |
| 2024 | -22.3% | -13.0% |
| 2025 | +222.5% | +16.2% |
| 2026 | -0.5% | +65.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GALT and LILA good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.35 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between GALT and LILA?
The GALT/LILA correlation stands at 0.35 on a 3-year window (1 year: 0.61, 5 years: 0.29), computed from weekly returns as of 2026-08-27.
Is LILA a good diversifier for GALT?
Yes, to a useful degree: a correlation of 0.35 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.35 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/galt-vs-lila.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/galt-vs-lila/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: GALT correlations · LILA correlations
