GCT vs LDOS: Correlation
GigaCloud Technology Inc - Class A (GCT) and Leidos (LDOS) show a moderate relationship: their 3-year correlation of weekly returns is 0.41.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GCT and LDOS?
Over the past 3 years, GCT and LDOS moved with a correlation of 0.41, which is moderate. The relationship has been stable: the 1-year correlation (0.50) sits close to the 3-year figure. Over 5 years the correlation is 0.33, and the annualized covariance of weekly returns is 1097.9 %².
Few assets follow GCT as closely as LDOS, which ranks #3 of 10 tracked partners. Their recent paths diverged sharply: over the last 12 months GCT outperformed by 118.1 percentage points (+95.2% for GCT against -22.9% for LDOS). Note the risk asymmetry: GCT runs 2.7 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.
GCT vs LDOS: side by side
| GCT (GigaCloud Technology Inc - Class A) | LDOS (Leidos) | |
|---|---|---|
| 1-year return | +95.2% | -22.9% |
| 5-year return | n/a | +52.1% |
| Volatility (ann.) | 85.6% | 31.4% |
| Beta vs S&P 500 | 1.87 | 0.87 |
| Max drawdown (3Y) | -73.2% | -49.5% |
| Market cap | $1.8B | $17.6B |
| P/E (trailing) | 12.4 | 12.8 |
| Dividend yield | 0.00% | 1.23% |
| Sector / category | US Listed | Industrials |
Year-by-year returns
| Year | GCT | LDOS |
|---|---|---|
| 2022 | – | +20.0% |
| 2023 | +221.5% | +4.5% |
| 2024 | +1.2% | +34.5% |
| 2025 | +112.1% | +26.5% |
| 2026 | +31.3% | -22.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GCT and LDOS good diversifiers for each other?
Reasonably. At 0.41, GCT and LDOS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between GCT and LDOS?
As of 2026-08-27, the correlation of weekly returns between GCT and LDOS is 0.41 over 3 years, 0.50 over 1 year and 0.33 over 5 years.
Is LDOS a good diversifier for GCT?
Reasonably. At 0.41, GCT and LDOS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.41 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/gct-vs-ldos.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/gct-vs-ldos/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: GCT correlations · LDOS correlations
