GALT vs LILAK: Correlation
Galectin Therapeutics Inc. (GALT) and Liberty Latin America Ltd. (LILAK) show a moderate relationship: their 3-year correlation of weekly returns is 0.35.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GALT and LILAK?
Over the past 3 years, GALT and LILAK moved with a correlation of 0.35, which is moderate. Lately the two have moved closer together, with the 1-year correlation at 0.61 versus 0.35 over 3 years. Over 5 years the correlation is 0.29, and the annualized covariance of weekly returns is 1754.0 %².
Among the 11 assets we track against GALT, LILAK ranks #5 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months LILAK outperformed by 44.1 percentage points (+4.0% for GALT against +48.1% for LILAK). Note the risk asymmetry: GALT runs 2.0 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.
GALT vs LILAK: side by side
| GALT (Galectin Therapeutics Inc.) | LILAK (Liberty Latin America Ltd.) | |
|---|---|---|
| 1-year return | +4.0% | +48.1% |
| 5-year return | +7.5% | -15.2% |
| Volatility (ann.) | 99.6% | 49.7% |
| Beta vs S&P 500 | 0.29 | 0.52 |
| Max drawdown (3Y) | -80.0% | -57.2% |
| 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 | LILAK |
|---|---|---|
| 2022 | -45.4% | -33.3% |
| 2023 | +46.9% | -3.4% |
| 2024 | -22.3% | -13.6% |
| 2025 | +222.5% | +17.7% |
| 2026 | -0.5% | +63.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GALT and LILAK good diversifiers for each other?
A fair diversifier. At 0.35, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between GALT and LILAK?
As of 2026-08-27, the correlation of weekly returns between GALT and LILAK is 0.35 over 3 years, 0.61 over 1 year and 0.29 over 5 years.
Is LILAK a good diversifier for GALT?
A fair diversifier. At 0.35, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.35 mean?
A reading of 0.35 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
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Related comparisons
Hubs: GALT correlations · LILAK correlations
